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Evercore ISI Sticks to Their Buy Rating for Coca-Cola Europacific Partners (CCEP)

In a report released today, Robert Ottenstein from Evercore ISI maintained a Buy rating on Coca-Cola Europacific Partners (CCEPResearch Report), with a price target of $78.00. The company’s shares closed yesterday at $77.43.

According to TipRanks, Ottenstein is a 2-star analyst with an average return of 0.7% and a 54.01% success rate. Ottenstein covers the Consumer Defensive sector, focusing on stocks such as Anheuser-Busch Inbev Sa, Constellation Brands, and Coca-Cola.

Coca-Cola Europacific Partners has an analyst consensus of Strong Buy, with a price target consensus of $81.95.

The company has a one-year high of $82.32 and a one-year low of $56.28. Currently, Coca-Cola Europacific Partners has an average volume of 1.4M.

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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.