01:05 PM EST, 11/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
Our 12-month target price for CCEP is adjusted to USD98 from USD94. This is based on a 2026 P/E of 18.9x, above the industry forward average of 16.7x but broadly in line with its five-year historical average of 18.7x. We believe our relative valuation appropriately reflects CCEP's growth potential, which is well supported by strategic market expansions and effective cost management. The sector previously saw increased market interest due to its somewhat isolated impact from tariff threats, but that is seen waning in the face of growth vulnerability, especially in the APS region. While energy category's strong momentum and ARTD expansion demonstrate portfolio diversification progress, we still expect core Coca-Cola volumes to remain challenged in key European markets. The combination of non-core category growth potential and disciplined capital allocation through buybacks supports modest valuation uplift, though core volume pressures limit upside expectations, in our view.