Coca-Cola Europacific Partners (LON:CCEP) Shares Down 1.5% – Should You Sell?

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP) were down 1.5% on Tuesday . The stock traded as low as GBX 7,565 and last traded at GBX 7,570. Approximately 12,769,670 shares changed hands during mid-day trading, an increase of 68% from the average session volume of 7,600,625 shares. The stock had previously closed at GBX 7,685.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 8,320 price target on shares of Coca-Cola Europacific Partners in a report on Tuesday, April 7th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 8,320.

Coca-Cola Europacific Partners Stock Down 1.5%

The company has a quick ratio of 0.66, a current ratio of 0.80 and a debt-to-equity ratio of 136.54. The company’s fifty day moving average is GBX 7,112.96 and its 200-day moving average is GBX 7,085.48. The company has a market cap of £33.52 billion, a PE ratio of 17.77, a PEG ratio of 1.94 and a beta of 0.47.

About Coca-Cola Europacific Partners

Coca-Cola Europacific Partners is the world’s largest independent Coca-Cola bottler by revenue. Our employees make, sell and distribute the world’s most loved drinks brands, serving a consumer population of more than 600 million across 29 markets.