Barclays analyst Lauren Lieberman maintained a Buy rating on Coca-Cola Europacific Partners (CCEP – Research Report) on April 26 and set a price target of €73.00. The company’s shares closed last Friday at $71.50.
Lieberman covers the Consumer Defensive sector, focusing on stocks such as Keurig Dr Pepper, PepsiCo, and Church & Dwight. According to TipRanks, Lieberman has an average return of 2.0% and a 53.76% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coca-Cola Europacific Partners with a $77.67 average price target, representing an 8.63% upside. In a report released on April 25, Goldman Sachs also reiterated a Buy rating on the stock with a $80.00 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 1.53M.
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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.
