CCEP has been the subject of several other research reports. Credit Suisse Group lifted their price objective on shares of Coca-Cola Europacific Partners to €68.00 ($73.12) in a research note on Tuesday, August 15th. Evercore ISI dropped their price target on shares of Coca-Cola Europacific Partners from $75.00 to $70.00 and set an “outperform” rating for the company in a research report on Monday, October 9th. Finally, Barclays lowered their price objective on Coca-Cola Europacific Partners from $74.00 to $64.00 and set an “overweight” rating on the stock in a research note on Thursday, October 12th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $68.46.
Coca-Cola Europacific Partners Stock Up 0.6 %
Hedge Funds Weigh In On Coca-Cola Europacific Partners
A number of institutional investors have recently added to or reduced their stakes in CCEP. Oppenheimer Asset Management Inc. acquired a new stake in Coca-Cola Europacific Partners during the 1st quarter worth approximately $458,000. Achmea Investment Management B.V. grew its stake in shares of Coca-Cola Europacific Partners by 28.4% in the second quarter. Achmea Investment Management B.V. now owns 34,534 shares of the company’s stock worth $2,225,000 after purchasing an additional 7,646 shares during the last quarter. Hengistbury Investment Partners LLP raised its position in Coca-Cola Europacific Partners by 9.5% during the 1st quarter. Hengistbury Investment Partners LLP now owns 863,481 shares of the company’s stock worth $51,109,000 after purchasing an additional 74,800 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Coca-Cola Europacific Partners by 0.9% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 123,041 shares of the company’s stock valued at $7,283,000 after buying an additional 1,041 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Coca-Cola Europacific Partners by 0.4% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 53,434 shares of the company’s stock valued at $3,163,000 after buying an additional 200 shares during the period. 29.50% of the stock is currently owned by institutional investors and hedge funds.
Coca-Cola Europacific Partners Company Profile
Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. It offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks.
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