Coca-Cola Europacific Partners (LON:CCEP) Stock Price Up 1.5% – Should You Buy?

Coca-Cola Europacific Partners PLC (LON:CCEP)’s stock price rose 1.5% during mid-day trading on Wednesday . The stock traded as high as GBX 7,530 ($99.84) and last traded at GBX 7,530 ($99.84). Approximately 127,117 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 327,940 shares. The stock had previously closed at GBX 7,420 ($98.38).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Coca-Cola Europacific Partners from GBX 7,760 ($102.89) to GBX 7,950 ($105.41) and gave the company a “buy” rating in a research report on Tuesday, July 8th.

Coca-Cola Europacific Partners Price Performance

The company has a market cap of £41.73 billion, a price-to-earnings ratio of 25.90, a P/E/G ratio of 1.94 and a beta of 0.75. The company has a debt-to-equity ratio of 144.80, a current ratio of 0.85 and a quick ratio of 0.66. The company’s 50-day simple moving average is GBX 6,937.20 and its 200-day simple moving average is GBX 6,704.32.

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.