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Barclays Sticks to Its Buy Rating for Coca-Cola Europacific Partners (CCEP)
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Barclays Sticks to Its Buy Rating for Coca-Cola Europacific Partners (CCEP)

Barclays analyst Lauren Lieberman maintained a Buy rating on Coca-Cola Europacific Partners (CCEPResearch Report) today and set a price target of $75.00. The company’s shares closed yesterday at $67.89.

According to TipRanks, Lieberman is a 3-star analyst with an average return of 1.9% and a 51.87% success rate. Lieberman covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, Colgate-Palmolive, and Keurig Dr Pepper.

Coca-Cola Europacific Partners has an analyst consensus of Strong Buy, with a price target consensus of $77.48, implying a 14.13% upside from current levels. In a report released on March 28, Deutsche Bank also maintained a Buy rating on the stock with a $77.00 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.

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