Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Coca-Cola Europacific Partners (LON:CCEP) Stock

Key Points

• Deutsche Bank Aktiengesellschaft has raised its price target for Coca-Cola Europacific Partners from GBX 7,950 to GBX 8,130, indicating a potential upside of 17.66% from the current price.
• Coca-Cola Europacific Partners has a market capitalization of £38.29 billion, with a PE ratio of 23.77 and a current ratio of 0.85.
• The company operates as the world's largest independent Coca-Cola bottler, serving over 600 million consumers across 29 markets.

Coca-Cola Europacific Partners (LON:CCEP - Free Report) had its target price hoisted by Deutsche Bank Aktiengesellschaft from GBX 7,950 ($106.93) to GBX 8,130 ($109.35) in a research note issued to investors on Thursday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Coca-Cola Europacific Partners Trading Up 2.3%

CCEP stock traded up GBX 160 ($2.15) during midday trading on Thursday, hitting GBX 7,030 ($94.55). 319,162 shares of the company's stock were exchanged, compared to its average volume of 324,320. The company has a market cap of £38.96 billion, a PE ratio of 24.18, a price-to-earnings-growth ratio of 1.94 and a beta of 0.75. The company has a debt-to-equity ratio of 144.80, a quick ratio of 0.66 and a current ratio of 0.85. Coca-Cola Europacific Partners has a one year low of GBX 5,840 ($78.55) and a one year high of GBX 7,560 ($101.68). The stock's fifty day moving average price is GBX 7,011.41 and its 200-day moving average price is GBX 6,751.60.

Coca-Cola Europacific Partners Company Profile

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.