Coca-Cola Europacific Partners (LON:CCEP) Shares Up 1.9% - What's Next?

Key Points

• Shares rose 1.9% to GBX 7,260 on Tuesday (intraday high GBX 7,435), but trading volume was very light at 225,300 shares versus an average of about 10.57 million (≈98% decline).
• Analyst outlook: Deutsche Bank reaffirmed a "Buy" with a GBX 8,320 target, and MarketBeat's consensus rating is "Buy" with an average target of GBX 8,320.
• Valuation and balance sheet: Market cap ≈£32.35bn with a P/E of 17.04 and PEG 1.94, while liquidity ratios are weak (current ratio 0.80, quick ratio 0.66) and debt-to-equity is high at 143.28.

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP - Get Free Report) shot up 1.9% on Tuesday . The stock traded as high as GBX 7,435 and last traded at GBX 7,260. 225,300 shares were traded during mid-day trading, a decline of 98% from the average session volume of 10,569,915 shares. The stock had previously closed at GBX 7,125.

Analyst Upgrades and Downgrades

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

Coca-Cola Europacific Partners Stock Performance

The company has a current ratio of 0.80, a quick ratio of 0.66 and a debt-to-equity ratio of 143.28. The firm has a 50-day simple moving average of GBX 7,374.50 and a two-hundred day simple moving average of GBX 7,008.70. The company has a market capitalization of £32.35 billion, a price-to-earnings ratio of 17.04, a price-to-earnings-growth ratio of 1.94 and a beta of 0.51.

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.

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