Deutsche Bank Aktiengesellschaft Boosts Coca-Cola Europacific Partners (NASDAQ:CCEP) Price Target to $90.00

Coca-Cola Europacific Partners (NASDAQ:CCEP) had its price target boosted by Deutsche Bank Aktiengesellschaft from $78.00 to $90.00 in a research note published on Monday, Benzinga reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on CCEP. StockNews.com lowered shares of Coca-Cola Europacific Partners from a buy rating to a hold rating in a report on Sunday, May 19th. Bank of America upped their price objective on shares of Coca-Cola Europacific Partners from $80.00 to $82.00 and gave the company a buy rating in a report on Wednesday, July 10th. Finally, Barclays upped their price objective on shares of Coca-Cola Europacific Partners from $82.00 to $85.00 and gave the company an overweight rating in a report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average target price of $79.78.

Coca-Cola Europacific Partners Stock Down 0.2 %

NASDAQ:CCEP opened at $79.52 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.63 and a current ratio of 0.85. The company has a fifty day moving average of $75.93 and a two-hundred day moving average of $73.19. Coca-Cola Europacific Partners has a fifty-two week low of $56.28 and a fifty-two week high of $82.14.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Signaturefd LLC lifted its position in shares of Coca-Cola Europacific Partners by 2.6% during the second quarter. Signaturefd LLC now owns 5,735 shares of the company’s stock worth $418,000 after purchasing an additional 147 shares in the last quarter. Waverly Advisors LLC raised its holdings in Coca-Cola Europacific Partners by 1.0% during the first quarter. Waverly Advisors LLC now owns 14,856 shares of the company’s stock worth $1,039,000 after purchasing an additional 151 shares in the last quarter. NBC Securities Inc. raised its holdings in Coca-Cola Europacific Partners by 12.9% during the fourth quarter. NBC Securities Inc. now owns 1,326 shares of the company’s stock worth $88,000 after purchasing an additional 152 shares in the last quarter. New York Life Investment Management LLC raised its holdings in Coca-Cola Europacific Partners by 4.0% during the fourth quarter. New York Life Investment Management LLC now owns 4,096 shares of the company’s stock worth $273,000 after purchasing an additional 158 shares in the last quarter. Finally, Legacy Financial Advisors Inc. raised its holdings in 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 purchasing an additional 168 shares in the last quarter. Hedge funds and other institutional investors 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.