Coca-Cola Europacific Partners Soars 0.24% on Positive Analyst Reports

Coca-Cola Europacific Partners (CCEP) experienced a slight decline of 0.73% today, with the share price surging to a record high, marking an intraday gain of 0.24%.

The strategy of buying CCEP shares after they reached a recent high and holding for 1 week showed mixed results over the past 5 years. The annualized return was -1.2%, with a maximum drawdown of -18.3% during the backtested period. This indicates that while there were some positive gains, the overall performance was lackluster and the strategy was not able to capitalize on the full potential of the stock's upward movement.

Recent analyst reports have played a significant role in boosting the stock price of Coca-Cola Europacific Partners. UBS has raised its price target for the company from $96.00 to $100.00, while maintaining a "buy" rating. This optimistic outlook from UBS reflects the market's confidence in CCEP's future performance.

In addition to positive analyst sentiment, CCEP has been actively engaged in share buybacks. The company recently repurchased 51,052 ordinary shares and 49,789 shares as part of its ongoing program, which was initiated in February 2025. These buybacks not only reduce the number of outstanding shares but also signal the company's belief in its own stock value, potentially driving up the share price.

Furthermore, Moody's has revised its outlook on CCEP to positive from stable, affirming its Baa1 long-term issuer and senior unsecured ratings. This upgrade by Moody's indicates a stronger financial position and improved creditworthiness for CCEP, which can attract more investors and further support the stock price.

Overall, the combination of positive analyst reports, active share buybacks, and an improved credit outlook from Moody's has created a favorable environment for CCEP's stock performance. These factors collectively suggest a bullish sentiment towards the company, which is likely to continue driving its stock price higher in the near future.