Coca-Cola Europacific Partners (LON:CCEP) Shares Up 0.8% – What’s Next?

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP) shot up 0.8% on Friday . The company traded as high as GBX 6,680 and last traded at GBX 6,650. 256,955 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 691,055 shares. The stock had previously closed at GBX 6,600.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Coca-Cola Europacific Partners from GBX 8,120 to GBX 8,340 and gave the stock a “buy” rating in a research report on Friday, November 28th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 8,340.

Coca-Cola Europacific Partners Stock Performance

The company has a quick ratio of 0.66, a current ratio of 0.85 and a debt-to-equity ratio of 144.80. The stock has a fifty day moving average price of GBX 6,732 and a two-hundred day moving average price of GBX 6,791.09. The company has a market capitalization of £29.83 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 1.94 and a beta of 0.75.

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.