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

Coca-Cola Europacific Partners (LON:CCEPGet Free Report) had its price objective raised by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 7,950 ($106.93) to GBX 8,130 ($109.35) in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 15.65% from the company’s current price.

Coca-Cola Europacific Partners Stock Performance

Shares of LON:CCEP opened at GBX 7,030 ($94.55) on Thursday. The company’s 50 day simple moving average is GBX 7,011.41 and its 200 day simple moving average is GBX 6,748.56. The stock has a market capitalization of £38.96 billion, a price-to-earnings 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 current ratio of 0.85 and a quick ratio of 0.66. Coca-Cola Europacific Partners has a 1 year low of GBX 5,840 ($78.55) and a 1 year high of GBX 7,560 ($101.68).

About Coca-Cola Europacific Partners

(Get Free Report)

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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