Coca-Cola Europacific Partners PLC (NASDAQ:CCEP – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $79.78.
Several brokerages recently issued reports on CCEP. BNP Paribas cut Coca-Cola Europacific Partners from an “outperform” rating to a “neutral” rating and set a $81.00 price objective on the stock. in a research note on Tuesday, September 10th. Bank of America raised their price target on Coca-Cola Europacific Partners from $80.00 to $82.00 and gave the company a “buy” rating in a research note on Wednesday, July 10th. Barclays upped their price objective on shares of Coca-Cola Europacific Partners from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, August 9th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Coca-Cola Europacific Partners from $78.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, September 9th.
Check Out Our Latest Report on Coca-Cola Europacific Partners
Coca-Cola Europacific Partners Price Performance
Hedge Funds Weigh In On Coca-Cola Europacific Partners
Large investors have recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in shares of Coca-Cola Europacific Partners by 2.6% during the 2nd quarter. Signaturefd LLC now owns 5,735 shares of the company’s stock valued at $418,000 after purchasing an additional 147 shares during the last quarter. Waverly Advisors LLC boosted its holdings in Coca-Cola Europacific Partners by 1.0% in the first quarter. Waverly Advisors LLC now owns 14,856 shares of the company’s stock worth $1,039,000 after acquiring an additional 151 shares in the last quarter. Legacy Financial Advisors Inc. grew its stake in shares of Coca-Cola Europacific Partners by 3.8% during the second quarter. Legacy Financial Advisors Inc. now owns 4,605 shares of the company’s stock worth $336,000 after acquiring an additional 168 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Coca-Cola Europacific Partners by 0.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 46,994 shares of the company’s stock valued at $3,424,000 after acquiring an additional 186 shares in the last quarter. Finally, Genesee Capital Advisors LLC raised its position in shares of Coca-Cola Europacific Partners by 1.9% in the 2nd quarter. Genesee Capital Advisors LLC now owns 11,891 shares of the company’s stock valued at $867,000 after purchasing an additional 217 shares during the last quarter. 31.35% of the stock is currently owned by institutional investors.
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.
Further Reading
- Five stocks we like better than Coca-Cola Europacific Partners
- How to Invest in Insurance Companies: A GuideĀ
- When Is the Best Time to Invest in Mutual Funds?
- 3 Warren Buffett Stocks to Buy Now
- Is NVIDIA Stock in a Correction or Consolidation?
- The 3 Best Blue-Chip Stocks to Buy Now
- 3 Oversold Stocks with Big RSI Rebound Potential
Receive News & Ratings for Coca-Cola Europacific Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola Europacific Partners and related companies with MarketBeat.com's FREE daily email newsletter.