Analysts’ expectations for Coca-Cola Europacific Partners Plc (CCEP) stock: $61.34 price target in 12 months

At the time of writing, Coca-Cola Europacific Partners Plc [CCEP] stock is trading at $72.07, up 0.83%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CCEP shares have gain 3.55% over the last week, with a monthly amount glided 7.28%, and seem to be holding up well over a long-time horizon.

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On 23, February 2024, Coca-Cola Europacific Partners plc Announces Preliminary Unaudited Results Q4 & FY 2023. In a post published today on Yahoo Finance, Preliminary unaudited results for the full year ended 31 December 2023.

From an analyst’s perspective:

Coca-Cola Europacific Partners Plc [NASDAQ: CCEP] stock has seen the most recent analyst activity on January 12, 2024, when Exane BNP Paribas upgraded its rating to a Outperform. Previously, Goldman upgraded its rating to Buy on December 04, 2023. On April 26, 2023, upgrade upgraded it’s rating to Hold but maintained its price target of $61.15 on the stock. UBS upgraded its rating to a Buy and increased its price target to $68 on August 03, 2022. Kepler downgraded its rating to a Hold. ING Group started tracking with a Buy rating for this stock on February 08, 2022, and assigned it a price target of $71.05.

For the past year, the stock price of Coca-Cola Europacific Partners Plc fluctuated between $53.62 and $72.05. Currently, Wall Street analysts expect the stock to reach $61.34 within the next 12 months. Coca-Cola Europacific Partners Plc [NASDAQ: CCEP] shares were valued at $72.07 at the most recent close of the market. An investor can expect a potential drop of -14.89% based on the average CCEP price forecast.

Analyzing the CCEP fundamentals

According to Coca-Cola Europacific Partners Plc [NASDAQ:CCEP], the company’s sales were 19.79B for trailing twelve months, which represents an 1.73% jump. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.39 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.48.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 71.52 points at the first support level, and at 70.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.64, and for the 2nd resistance point, it is at 73.22.

Ratios To Look Out For

It is important to note that Coca-Cola Europacific Partners Plc [NASDAQ:CCEP] has a current ratio of 0.91. Also, the Quick Ratio is 0.72, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 1.67, the price to book ratio is 3.91 and price to earnings (TTM) ratio is 18.33.

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