Coca-Cola Europacific Partners (LON:CCEP) Stock Price Down 1.7% – Time to Sell?

Coca-Cola Europacific Partners PLC (LON:CCEP)’s stock price fell 1.7% during trading on Monday . The company traded as low as GBX 6,540 ($88.39) and last traded at GBX 6,540 ($88.39). 76,954 shares changed hands during trading, a decline of 77% from the average session volume of 341,703 shares. The stock had previously closed at GBX 6,650 ($89.88).

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised their price target on Coca-Cola Europacific Partners from GBX 7,950 to GBX 8,130 and gave the company a “buy” rating in a report on Thursday, August 7th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 8,130.

Coca-Cola Europacific Partners Trading Down 1.7%

The stock has a market cap of £29.72 billion, a PE ratio of 1,958.08, a price-to-earnings-growth ratio of 1.94 and a beta of 0.75. The stock has a 50-day moving average price of GBX 6,874.53 and a two-hundred day moving average price of GBX 6,770.25. The company has a debt-to-equity ratio of 144.80, a current ratio of 0.85 and a quick ratio of 0.66.

About Coca-Cola Europacific Partners

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.