Coca-Cola Europacific Partners (NASDAQ:CCEP) Price Target Raised to $100.00

Coca-Cola Europacific Partners (NASDAQ:CCEP) had its price objective lifted by Barclays from $99.00 to $100.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

CCEP has been the subject of several other reports. Kepler Capital Markets cut Coca-Cola Europacific Partners from a “hold” rating to a “reduce” rating in a research note on Tuesday, February 25th. UBS Group increased their price objective on shares of Coca-Cola Europacific Partners from $82.50 to $90.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, Evercore ISI boosted their target price on shares of Coca-Cola Europacific Partners from $82.00 to $90.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $87.13.

Coca-Cola Europacific Partners Trading Up 1.9 %

Shares of CCEP opened at $86.60 on Friday. Coca-Cola Europacific Partners has a one year low of $65.94 and a one year high of $91.29. The stock has a 50-day moving average price of $84.58 and a 200 day moving average price of $79.73. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.63 and a current ratio of 0.81. The company has a market capitalization of $39.92 billion, a P/E ratio of 17.82, a P/E/G ratio of 4.89 and a beta of 0.73.

Institutional Investors Weigh In On Coca-Cola Europacific Partners

Several institutional investors and hedge funds have recently bought and sold shares of the business. NBC Securities Inc. acquired a new position in Coca-Cola Europacific Partners in the first quarter valued at approximately $28,000. SBI Securities Co. Ltd. bought a new stake in shares of Coca-Cola Europacific Partners in the 4th quarter worth approximately $27,000. Optiver Holding B.V. acquired a new position in Coca-Cola Europacific Partners during the 4th quarter valued at approximately $29,000. MassMutual Private Wealth & Trust FSB grew its stake in Coca-Cola Europacific Partners by 85.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 428 shares of the company’s stock worth $33,000 after buying an additional 197 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new stake in Coca-Cola Europacific Partners in the fourth quarter worth $34,000. Institutional investors and hedge funds own 31.35% of the company’s stock.

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.