Wells Fargo Reiterates Rating on Coca-Cola Europacific Partners PLC $CCEP
Key Points
- Wells Fargo now rates Coca-Cola Europacific Partners PLC ($CCEP) "buy" with a $110 target.
- Wells Fargo's $110 price target implies 13.26% upside from Coca-Cola Europacific Partners PLC's ($CCEP) current $97.12 share price.
- The Street's average $CCEP price target is $112.87.
- $CCEP last traded around $97.12.
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Wells Fargo reiterated its rating on Coca-Cola Europacific Partners PLC ($CCEP) to a "buy" rating in a recent research note and set a price target of $110, a 13.26% upside from the current price.
Coca-Cola Europacific Partners PLC Stock Down 11.0%
Shares of Coca-Cola Europacific Partners PLC ($CCEP) traded around $97.12 on Saturday, down 11.0% for the day.
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About Coca-Cola Europacific Partners PLC
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, energy drinks, soft drinks, water, enhanced water, isotonic drinks, tea and coffee, juices, and other drinks. The company provides its products under the Coca-Cola Original Taste, Coca-Cola Zero Sugar, Diet Coke, Sprite, Sprite Zero Sugar, Fanta, Fanta Zero Sugar, Monster Energy, A&W, Absolut Vodka & SPRITE, Ades, Appletiser, aquaBona, Aquarius, BACARDÍ Mixed with Coca Cola RTD, Barista Bros, Bonaqua, BURN, Deep Spring, Dr Pepper, Dr Pepper Zero Sugar, Feral Brewing Co, Fuze Tea, Giancarlo Coffee, GLACEAU smartwater, Grinders, HALO, Jack Daniel's & Coca-Cola ready-to-drink, Kristal, L&P, MER, Minute Maid, Mother, Mount Franklin, Nordic Mist, Nutriboost, Oasis, Pulpy, pump, pumped, Reign, Rekorderlig Cider, Relentless, Royal, Royal Bliss, Schweppes, Schweppes Mix, SOCO, URGE, Vilas del Turbón, Voyage, Wilkins Pure, and Zephyr Coffee Co brands. It is also involved in the bottling and other operations. The company was formerly known as Coca-Cola European Partners plc and changed its name to Coca-Cola Europacific Partners PLC in May 2021. The company was founded in 1904 and is based in Uxbridge, United Kingdom.
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