Analysts Lift CCEP Share Targets as Outlook Improves Across Europe and Asia-Pacific

Price targets for Coca-Cola Europacific Partners (LON: CCEP) (NASDAQ: CCEP) were raised across several banks following the company's preliminary unaudited Q4 and full-year results that pointed to improving trends heading into fiscal 2026.

Bank of America lifted its target to $107 from $96 and kept a neutral rating, saying the consumer backdrop in Europe remains challenging and that it expects another below-trend year for sales. The firm described the shares as fairly valued given current conditions.

Goldman Sachs increased its target to $110 from $98 while reiterating a buy rating. Analyst Bonnie Herzog said second-half 2025 results were broadly in line, with slightly softer revenue offset by lower operating costs. Goldman added that CCEP’s fiscal 2026 outlook could prove conservative.

Evercore ISI raised its target to $112 from $95 and maintained an outperform rating, citing solid fourth-quarter performance and encouraging exit rates heading into 2025.

JPMorgan lifted its U.S.-listed target to $93 from $89 and held a neutral stance. It separately increased its euro-denominated target to EUR 79 from EUR 77.

The most bullish revision came from UBS, which raised its target to $118 from $103 and kept a buy rating. The bank expects about 4 percent organic revenue growth in fiscal 2026 excluding the Suntory Spirits distribution loss, pointing to better volume trends in Europe and the Asia-Pacific South region, moderating pricing in Germany and France, and normalizing conditions in the Philippines alongside renewed growth in Indonesia.

Collectively, the revisions reflect increased confidence in CCEP’s operational momentum despite pockets of consumer softness in Europe