Coca-Cola Europacific Partners Price Target Raised to 8,130 GBp at Deutsche Bank

Deutsche Bank raised Coca-Cola Europacific Partners' (CCEP) price target to 8,130 GBp from 7,950 GBp and maintained a Buy rating.

Deutsche Bank has raised its price target for Coca-Cola Europacific Partners (CCEP) to GBX 8,130 from GBX 7,950, while maintaining a "Buy" rating. The update follows the company's recent performance and outlook, highlighting its position as the world's largest independent Coca-Cola bottler by revenue. CCEP's shares increased by 1.5% on Wednesday, trading at GBX 7,530 ($99.84), with a notable drop in trading volume [1].

The price target increase comes after Deutsche Bank noted that CCEP's first-half results were broadly in line with expectations, despite the stock falling after the announcement. The bank updated its estimates to reflect the company's improved outlook for foreign exchange and finance charges, while keeping organic growth assumptions largely unchanged. The firm's earnings per share estimates for fiscal years 2025, 2026, and 2027 increased by 4.5%, 2.1%, and 2.2% respectively [2].

However, Morgan Stanley has recently downgraded CCEP from Overweight to Equal-weight (EW), citing a more balanced risk-reward profile after strong outperformance over the past year. The bank sees limited upside at current valuation levels, noting that CCEP shares are trading at a 4-year high next twelve months (NTM) price-to-earnings (P/E) relative to Coca-Cola stock. Morgan Stanley also highlighted other Overweight-rated names such as Keurig Dr Pepper (NASDAQ:KDP) and Philip Morris (NYSE:PM) as more compelling setups [3].

Despite the recent downgrade, Deutsche Bank's updated price target reflects a positive outlook for CCEP, suggesting that investors should consider the stock as a potential long-term opportunity. However, it is essential to monitor the company's performance and adjust investment strategies accordingly.

References:
[1] https://www.marketbeat.com/instant-alerts/coca-cola-europacific-partners-lonccep-stock-price-up-15-should-you-buy-2025-07-31/
[2] https://ng.investing.com/news/analyst-ratings/deutsche-bank-raises-cocacola-hellenic-stock-price-target-to-gbp4300-93CH-2052862
[3] https://finance.yahoo.com/news/morgan-stanley-downgrades-coca-cola-105808788.html