Coca-Cola Europacific Partners (NASDAQ:CCEP) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts' consensus: Ten analysts give Coca-Cola Europacific Partners a "Moderate Buy" (seven buys, three holds) with a $107 average 1‑year price target, and several firms recently raised targets (UBS $118, Goldman $110) while Barclays trimmed its target to $106.
• Market and fundamentals: Shares opened at $98.06, trading in a 12‑month range of $84.65–$110.90 (50‑day MA $98.84, 200‑day MA $93.67); the company shows a quick ratio of 0.60, current ratio of 0.80, debt‑to‑equity of 1.23, and about 31.35% institutional ownership.

Shares of Coca-Cola Europacific Partners (NASDAQ:CCEP - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the ten analysts that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $107.00.

Several research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $114.00 price target on shares of Coca-Cola Europacific Partners in a research report on Thursday, January 8th. Barclays dropped their price target on Coca-Cola Europacific Partners from $111.00 to $106.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 14th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Coca-Cola Europacific Partners in a research report on Tuesday, January 27th. The Goldman Sachs Group lifted their price target on Coca-Cola Europacific Partners from $98.00 to $110.00 and gave the stock a "buy" rating in a research report on Wednesday, February 18th. Finally, UBS Group lifted their price target on Coca-Cola Europacific Partners from $103.00 to $118.00 and gave the stock a "buy" rating in a research report on Wednesday, February 18th.

Coca-Cola Europacific Partners Price Performance

Shares of NASDAQ CCEP opened at $98.06 on Monday. The company has a quick ratio of 0.60, a current ratio of 0.80 and a debt-to-equity ratio of 1.23. The business's 50 day moving average is $98.84 and its two-hundred day moving average is $93.67. Coca-Cola Europacific Partners has a 12 month low of $84.65 and a 12 month high of $110.90.

Institutional Trading of Coca-Cola Europacific Partners

Institutional investors and hedge funds have recently modified their holdings of the company. Bayban bought a new stake in shares of Coca-Cola Europacific Partners during the fourth quarter valued at approximately $25,000. Mather Group LLC. bought a new stake in shares of Coca-Cola Europacific Partners during the third quarter valued at approximately $31,000. First Command Advisory Services Inc. increased its position in shares of Coca-Cola Europacific Partners by 1,800.0% during the third quarter. First Command Advisory Services Inc. now owns 361 shares of the company's stock valued at $33,000 after purchasing an additional 342 shares during the period. Quarry LP increased its position in shares of Coca-Cola Europacific Partners by 59.1% during the fourth quarter. Quarry LP now owns 393 shares of the company's stock valued at $36,000 after purchasing an additional 146 shares during the period. Finally, 1248 Management LLC bought a new stake in shares of Coca-Cola Europacific Partners during the fourth quarter valued at approximately $38,000. 31.35% of the stock is currently owned by institutional investors.

About Coca-Cola Europacific Partners

Coca-Cola Europacific Partners is a major independent bottler and distributor of nonalcoholic ready-to-drink beverages, operating under a long-standing franchise relationship with The Coca-Cola Company. The business manufactures, bottles, sells and delivers a broad portfolio of global and local beverage brands, including still and sparkling soft drinks, waters, juices, sports drinks and ready-to-drink teas and coffees. Its activities encompass production, packaging, marketing and route-to-market distribution for retail, foodservice, convenience and vending customers.

The company was created through the combination of Coca-Cola European Partners and Coca-Cola Amatil in 2021, bringing together beverage operations across Europe and the Asia-Pacific region.

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