Coca-Cola Europacific Partners (NASDAQ:CCEP) Price Target Raised to $120.00

Coca-Cola Europacific Partners (NASDAQ:CCEP) had its price target boosted by Wells Fargo & Company from $115.00 to $120.00 in a research report report published on Monday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other equities research analysts have also recently commented on CCEP. UBS Group increased their price objective on shares of Coca-Cola Europacific Partners from $107.00 to $109.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Barclays lifted their target price on shares of Coca-Cola Europacific Partners from $108.00 to $114.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Coca-Cola Europacific Partners in a report on Thursday, July 2nd. Finally, Weiss Ratings cut shares of Coca-Cola Europacific Partners from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 18th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Coca-Cola Europacific Partners has a consensus rating of “Moderate Buy” and an average target price of $108.22.

Coca-Cola Europacific Partners Stock Performance

Shares of CCEP stock opened at $108.58 on Monday. Coca-Cola Europacific Partners has a fifty-two week low of $84.65 and a fifty-two week high of $113.67. The business has a fifty day simple moving average of $101.86 and a 200-day simple moving average of $98.27. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.60 and a current ratio of 0.80.

Institutional Investors Weigh In On Coca-Cola Europacific Partners

Several hedge funds have recently modified their holdings of CCEP. Norges Bank purchased a new position in shares of Coca-Cola Europacific Partners during the fourth quarter valued at approximately $363,294,000. Lazard Asset Management LLC grew its stake in Coca-Cola Europacific Partners by 310.4% in the 3rd quarter. Lazard Asset Management LLC now owns 2,329,999 shares of the company’s stock worth $210,802,000 after acquiring an additional 1,762,299 shares during the period. Janus Henderson Group PLC acquired a new position in Coca-Cola Europacific Partners in the 1st quarter valued at $97,058,000. Bank of America Corp DE lifted its stake in shares of Coca-Cola Europacific Partners by 32.8% during the 2nd quarter. Bank of America Corp DE now owns 2,870,553 shares of the company’s stock worth $266,158,000 after purchasing an additional 709,723 shares during the period. Finally, Man Group plc boosted its holdings in shares of Coca-Cola Europacific Partners by 219.8% during the second quarter. Man Group plc now owns 1,001,770 shares of the company’s stock worth $92,884,000 after purchasing an additional 688,506 shares during the last quarter. 31.35% of the stock is owned by institutional investors and hedge funds.

Coca-Cola Europacific Partners News Summary

Here are the key news stories impacting Coca-Cola Europacific Partners this week:

• Positive Sentiment: CCEP reported a strong first half, with revenue rising 6.1% to approximately €10.7 billion, operating profit increasing 8.1% to about €1.5 billion, and diluted EPS climbing 10.6% to roughly €2.20. The results reportedly exceeded first-half forecasts. Coca-Cola Europacific Partners posts strong H1 2026 and reaffirms guidance
• Positive Sentiment: Wells Fargo raised its price target for CCEP to $120, signaling additional potential upside and reinforcing the view that the company’s earnings performance remains solid. Wells Fargo raises Coca-Cola Europacific Partners price target
• Neutral Sentiment: Management reaffirmed its full-year 2026 targets, including approximately 3%–4% revenue growth, about 7% operating-profit growth and comparable free cash flow of at least €1.7 billion. Reaffirmation provides stability but was not an upgrade that could have driven a stronger rally. CCEP 2026 Q2 results presentation
• Negative Sentiment: Investors are weighing a tougher second half, including six fewer selling days, a more difficult comparison base and greater exposure to commodity and geopolitical cost pressures. Those factors may constrain margins and explain the muted initial reaction despite the strong H1 performance. CCEP falls as investors weigh results and outlook
• Negative Sentiment: The shares had reached a record high before the interim results, prompting profit-taking after the announcement even though earnings and profit were higher year over year. Coca-Cola Europacific shares lose fizz after interim results

Coca-Cola Europacific Partners Company Profile

Coca-Cola Europacific Partners is a major independent bottler and distributor of nonalcoholic ready-to-drink beverages, operating under a long-standing franchise relationship with The Coca-Cola Company. The business manufactures, bottles, sells and delivers a broad portfolio of global and local beverage brands, including still and sparkling soft drinks, waters, juices, sports drinks and ready-to-drink teas and coffees. Its activities encompass production, packaging, marketing and route-to-market distribution for retail, foodservice, convenience and vending customers.

The company was created through the combination of Coca-Cola European Partners and Coca-Cola Amatil in 2021, bringing together beverage operations across Europe and the Asia-Pacific region.