In a report released on April 5, Richard Withagen from Kepler Capital maintained a Hold rating on Coca-Cola Europacific Partners (CCEP – Research Report), with a price target of €63.00. The company’s shares closed last Friday at $69.29.
According to TipRanks, Withagen is a 3-star analyst with an average return of 0.9% and a 46.98% success rate. Withagen covers the Consumer Defensive sector, focusing on stocks such as Coca-Cola Europacific Partners, Carlsberg, and Diageo.
Currently, the analyst consensus on Coca-Cola Europacific Partners is a Strong Buy with an average price target of $77.48, representing an 11.82% upside. In a report released on April 4, Morgan Stanley also maintained a Hold rating on the stock with a €65.00 price target.
The company has a one-year high of $72.67 and a one-year low of $55.15. Currently, Coca-Cola Europacific Partners has an average volume of 1.57M.
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Coca-Cola Europacific Partners (CCEP) Company Description:
Coca-Cola European Partners Plc engages in the distribution and sale of ready-to-drink beverages. It operates through the following brands: Coca-Cola, Diet Coke or Coca-Cola Light, Coke Zero, Coca-Cola Life, Fanta, and Sprite. It also offers energy drinks, waters, juices, sports drinks, and ready-to-drink teas. The company was founded on August 4, 2015 and is headquartered in Uxbridge, the United Kingdom.