Recent extremely meaningful positive changes in investment behavior have benefitted Coca-Cola Europacific Partners P (NASDAQ: CCEP): the stock rose on very heavy volume, and positive upside/downside volume developed.
Recent meaningful positive changes in fundamentals have benefitted Coca-Cola Europacific Partners P (NASDAQ: CCEP): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CCEP is expected to continue to be a major Value Builder.
Coca-Cola Europacific Partners P has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Coca-Cola Europacific Partners P has a poor Appreciation Score of 16 but a good Power Rating of 82, triggering the Neutral Value Trend Rating.
Recent Price Action
On 6/21/24, Coca-Cola Europacific Partners P (NASDAQ: CCEP) stock enjoyed a large increase of 2.0%, closing at $74.86. Moreover, exceptionally high trading volume at 222% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.
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