Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. The company offers flavours, mixers, and energy drinks; soft drinks, waters, flavored water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks. It provides its products under the Coca-Cola, Coca-Cola Zero Sugar, Fanta, Sprite, Schweppes, Royal Bliss, Coca-Cola Signature Mixers, Fuze, Costa Coffee, and Tropico brands. In addition, the company engages in the bottling and other operations. As of March 12, 2021, it served approximately 300 million consumers across Western Europe, including Andorra, Belgium, continental France, Germany, Great Britain, Iceland, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain, and Sweden. The company was formerly known as Coca-Cola European Partners plc and changed its name to Coca-Cola Europacific Partners PLC in May 2021. Coca-Cola Europacific Partners PLC was founded in 1986 and is based in Uxbridge, the United Kingdom.
IPO Year:
Exchange: NYSE
Website: cocacolaep.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/10/2024 | $81.00 | Outperform → Neutral | Exane BNP Paribas |
| 1/12/2024 | Neutral → Outperform | Exane BNP Paribas | |
| 12/4/2023 | Neutral → Buy | Goldman | |
| 4/26/2023 | $61.15 | Sell → Hold | Societe Generale |
| 8/3/2022 | $62.00 → $68.00 | Neutral → Buy | UBS |
| 6/29/2022 | Buy → Hold | Kepler | |
| 3/9/2022 | $68.00 → $55.00 | Buy | B of A Securities |
| 2/18/2022 | $78.00 → $74.00 | Overweight | Barclays |
| 2/8/2022 | $71.05 | Buy | ING Group |
| 11/10/2021 | $71.00 → $73.00 | Buy | Deutsche Bank |
6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
THIS ANNOUNCEMENT DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT AND NEITHER THIS ANNOUNCEMENT NOR ANYTHING HEREIN FORMS THE BASIS FOR ANY OFFER TO PURCHASE OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES IN THE COMPANY NOR SHALL IT FORM THE BASIS FOR ANY CONTRACT OR COMMITMENT WHATSOEVER.Coca-Cola Europacific Partners plc ("CCEP" or the "Company") today confirms notification of transfer of UK listing category from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) category of the Official ListUXBRIDGE, ENGLAND / ACCESSWIRE / October 18, 2024 / CCEP is one of the world's leading consumer goods companies, operating in the large and growing
Coca-Cola Europacific Partners (CCEP) today announces the appointment of Ed Walker as Chief Financial Officer (CFO) UXBRIDGE, UNITED KINGDOM / ACCESSWIRE / May 23, 2024 / CCEP is pleased to announce that Ed Walker, previously Group Controller of CCEP, is appointed as CFO. This follows the recent announcement of Nik Jhangiani's resignation (3 May 2024) and the completion of a thorough process.Ed started his career as an Officer in the British Army. He then trained as an accountant and now has over 30 years of finance leadership experience across manufacturing, purchasing, commercial, marketing and group functions. Ed has been with CCEP since its formation and prior to that held several roles
Coca-Cola Europacific Partners (CCEP) today announces the resignation of Nik Jhangiani, SVP and Chief Financial Officer (CFO) with a search for his successor well underway UXBRIDGE, UK / ACCESSWIRE / May 3, 2024 / Nik Jhangiani, CFO, has informed the Company of his intention to join Diageo plc as CFO later this year. CCEP expects to make an announcement about his successor in the near future, following a thorough search with strong candidates already identified. Nik will remain in role to ensure an orderly and effective transition.Damian Gammell, CCEP CEO said:"I have been privileged to work closely with Nik for nearly a decade and I want to thank him for his outstanding contribution to CCEP
WESTMINSTER, Colo., Dec. 2, 2020 /PRNewswire/ -- Ball Corporation (NYSE: BLL) today announced promotions and senior management changes that will become effective at the beginning of 2021, including that Daniel W. Fisher will become president of Ball Corporation and will join Ball's board of directors at that time. In addition, both Lisa A. Pauley, senior vice president, HR and administration, and Scott C. Morrison, senior vice president and chief financial officer, will be promoted to executive vice presidents of the corporation and will retain the same responsibilities. Ronald J. Lewis will become senior vice president and chief operating officer, Global Beverage Packaging, reporting to
SC 13G/A - COCA-COLA EUROPEAN PARTNERS plc (0001650107) (Subject)
THIS ANNOUNCEMENT DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT AND NEITHER THIS ANNOUNCEMENT NOR ANYTHING HEREIN FORMS THE BASIS FOR ANY OFFER TO PURCHASE OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES IN THE COMPANY NOR SHALL IT FORM THE BASIS FOR ANY CONTRACT OR COMMITMENT WHATSOEVER. UXBRIDGE, UNITED KINGDOM / ACCESSWIRE / November 15, 2024 / Further to the announcement on 18 October 2024, Coca-Cola Europacific Partners plc ("CCEP" or the "Company") is pleased to announce the approval by the Financial Conduct Authority (the "FCA") of the transfer of the listing category of its ordinary shares from the Equity Shares (Transition) category to the Equity Shares (Commerc
Trading Update for the Third Quarter ended 27 September 2024 & Interim Dividend DeclarationSolid third quarter; reaffirming full-year profit & cash guidanceUXBRIDGE, ENGLAND / ACCESSWIRE / November 5, 2024 / Change vs 2023 Revenue Volume(UC) [2] Revenue per UC [1],[2],[3] Comparable Volume [1] Revenue per UC [1],[2],[3] FXN [1],[3] revenue Revenue Q3 2024 Europe€4,040m 695m €5.79 (1.4)% 3.2% 1.8% 2.1% APS€1,318m 313m €4.26 122.0% (29.3)% 56.5% 54.9% CCEP€5,358m 1,008m €5.32 19.1)% (6.4% 11.5% 11.5%YTD 2024 Europe€11,319m 1,965m €5.74 (2.3)% 4.3% 1.9% 2.3% APS€3,867m 899m €4.41 93.3% (24.6)% 45.6% 42.0% CCEP€15,186m 2,864m €5.32 15.6)% (4.4)% 1
UXBRIDGE, ENGLAND / ACCESSWIRE / August 7, 2024 / COCA-COLA EUROPACIFIC PARTNERSSolid first half, reaffirming FY24 guidance Change vs H1 2023 Change vs H1 2023 H1 2024 Total CCEP Key Financial Metrics[1] As Reported Comparable[1] As Reported Comparable[1] Comparable FXN[1] Adjusted Comparable[4] Adjusted Comparable[4] Adjusted Comparable FXN[4] Volume (M UC)[2] 1,856 1,856 13.8% 13.8% 1,957 0.6% Revenue per UC[2] (€) 5.32 (3.3) % 5.19 2.9%Revenue (€M) 9,828 9,828 9.5% 9.5% 10.0% 10,096 2.9% 3.5%Operating profit (€M) 1,142 1,296 (2.4) % 11.2% 11.6% 1,306 8.7% 9.0%Diluted EPS (€) 1.73 1.97 (6.9) % 6.7% 7.
Trading Update for the First Quarter ended 29 March 2024 & Interim Dividend Declaration UXBRIDGE, UNITED KINGDOM / ACCESSWIRE / April 25, 2024 / Good start to the year, confidently reaffirming FY24 guidanceQ1 2024 Change vs 2023 RevenueVolume (UC) [2]Revenue per UC [1],[2],[3] Comparable Volume [1]Revenue per UC [1],[2],[3]FXN [1],[3] RevenueRevenueEurope€3,290m582m€5.62 (1.4)%5.6%4.0%4.6%APS€1,175m247m€4.98 38.8%(12.3)%22.0%16.5%CCEP€4,465m829m€5.43 7.9%0.5%8.4%7.5%Q1 2024 (Adjusted comparable) [4] Change vs 2023 (Adjusted comparable) [4] RevenueVolume(UC)Revenue per UC Comparable volumeRevenue per UCFXN revenueRevenueEurope€3,290m582m€5.62 (1.4)%5.6%4.0%4.6%APS€1,443m348m€4.34 8.1%0.2%8.3
Preliminary unaudited results for the full year ended 31 December 2023Solid end to a great year, well placed for FY24 and beyondUXBRIDGE, UK / ACCESSWIRE / February 23, 2024 / (NASDAQ:CCEP)(LSE:CCEP) FY 2023 Metric[1]As Reported Comparable [1]Change vs 2022As ReportedComparable[1]Comparable Fx-Neutral [1]Total CCEPVolume (M UC)[2]3,279 3,279(0.5) %(0.5) % Revenue (€M)18,302 18,3025.5 %5.5 %8.0 %Cost of sales (€M)11,582 11,5764.5 %4.5 %6.5 %Operating expenses (€M)4,488 4,3536.0 %6.5 %8.5 %Operating profit (€M)2,339 2,37312.0 %11.0 %13.5 %Profit after taxes (€M)1,669 1,7019.5 %9.0 %11.5 %Diluted EPS (€)3.63 3.7110.5 %9.5 %12.0 %Revenue per UC[2] (€) 5.70 8.5 %Cost of sales per UC[2] (€) 3.6
UXBRIDGE, UK / ACCESSWIRE / February 23, 2024 / Coca-Cola Europacific Partners (CCEP) (NASDAQ:CCEP)(LSE:CCEP) today confirms it has, together with Aboitiz Equity Ventures Inc. (AEV), completed the acquisition of Coca-Cola Beverages Philippines, Inc. (CCBPI) from The Coca-Cola Company (KO)• Further to the announcements on 2 August 2023, 20 November 2023 and 30 January 2024 (see links below), CCEP today announces it has, together with AEV, completed the acquisition to jointly acquire 100% of CCBPI from KO• The key terms of the Share Purchase Agreement comprise:◦ 60:40 ownership structure between CCEP and AEV with comprehensive governance arrangements in place◦ Valuation of 100% of CCBPI at $1.
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (NASDAQ:NDX), which will become effective prior to market open on Monday, December 18, 2023. The following six companies will be added to the Index: CDW Corporation (NASDAQ:CDW), Coca-Cola Europacific Partners plc (NASDAQ:CCEP), DoorDash, Inc. (NASDAQ:DASH), MongoDB, Inc. (NASDAQ:MDB), Roper Technologies, Inc. (NASDAQ:ROP), and Splunk Inc. (NASDAQ:SPLK). The Nasdaq-100 Index® is composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market® and dates to January 1985 when it was launched along with the Nasdaq Fina
UXBRIDGE, ENGLAND / ACCESSWIRE / November 20, 2023 / Coca-Cola Europacific Partners plc (NASDAQ:CCEP)(LSE:CCEP) today announces it has, together with Aboitiz Equity Ventures Inc. (AEV), entered into a definitive agreement to jointly acquire Coca-Cola Beverages Philippines, Inc. (CCBPI) from The Coca-Cola Company (KO)Share Purchase Agreement (SPA)Further to the announcement on 2 August 2023, CCEP today announces that it has completed its due diligence and entered into a definitive agreement, together with AEV, to acquire 100% of CCBPI from KOThe SPA confirms the key terms of the proposed acquisition:60:40 ownership structure between CCEP and AEV1Values 100% of CCBPI at US$1.8 billion on a deb
Trading update for the third quarter ended 29 September 2023 & Interim Dividend DeclarationUXBRIDGE, UK / ACCESSWIRE / November 1, 2023 / Solid performance, reaffirming FY guidance Change vs 2022 RevenueVolume(UC)[1]Revenue per UC[1],[2],[3] Comparable[2], [8] VolumeRevenue per UC[1],[2],[3]FXN[2],[3] revenueRevenueQ3 2023Europe€3,956m705m€5.65 (4.0)%9.0%4.5%3.5%API€851m141m€6.74 (7.0)%10.5%3.0%(8.0)%CCEP€4,807m846m€5.83 (4.5)%9.0%4.0%1.5% YTD 2023Europe€11,061m2,012m€5.57 0.0%9.0%9.0%7.5%API€2,723m465m€6.25 (6.0)%12.0%5.5%(1.0)%CCEP€13,784m2,477m€5.69 (1.0)%9.5%8.5%6.0%Damian Gammell, Chief Executive Officer, said:"2023 continues to be a strong year for CCEP reflecting great
Strong first half, raising FY guidanceUXBRIDGE, UK / ACCESSWIRE / August 2, 2023 / H1 2023 Metric[1]As Reported Comparable [1]Change vs H1 2022As ReportedComparable[1]Comparable FXN [1]Total CCEPVolume (M UC)[2]1,631 1,6311.0%1.0% Revenue (€M)8,977 8,9778.5%8.5%10.5%Cost of sales (€M)5,707 5,7018.0%7.5%10.0%Operating expenses (€M)2,153 2,1116.5%9.5%11.5%Operating profit (€M)1,170 1,16521.0%11.0%13.0%Profit after taxes (€M)854 84726.5%14.0%16.5%Diluted EPS (€)1.86 1.8527.5%14.5%17.0%Revenue per UC[2] (€) 5.62 10.0%Cost of sales per UC[2] (€) 3.57 9.0%Free cash flow (€M) 850 H1 Interim dividend per share[3] (€) 0.67 EuropeVolume (M UC)[2]1,307 1,3072.5%2.5% Revenue (€M)7,
THIS ANNOUNCEMENT DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT AND NEITHER THIS ANNOUNCEMENT NOR ANYTHING HEREIN FORMS THE BASIS FOR ANY OFFER TO PURCHASE OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES IN THE COMPANY NOR SHALL IT FORM THE BASIS FOR ANY CONTRACT OR COMMITMENT WHATSOEVER. UXBRIDGE, UNITED KINGDOM / ACCESSWIRE / November 15, 2024 / Further to the announcement on 18 October 2024, Coca-Cola Europacific Partners plc ("CCEP" or the "Company") is pleased to announce the approval by the Financial Conduct Authority (the "FCA") of the transfer of the listing category of its ordinary shares from the Equity Shares (Transition) category to the Equity Shares (Commerc
Trading Update for the Third Quarter ended 27 September 2024 & Interim Dividend DeclarationSolid third quarter; reaffirming full-year profit & cash guidanceUXBRIDGE, ENGLAND / ACCESSWIRE / November 5, 2024 / Change vs 2023 Revenue Volume(UC) [2] Revenue per UC [1],[2],[3] Comparable Volume [1] Revenue per UC [1],[2],[3] FXN [1],[3] revenue Revenue Q3 2024 Europe€4,040m 695m €5.79 (1.4)% 3.2% 1.8% 2.1% APS€1,318m 313m €4.26 122.0% (29.3)% 56.5% 54.9% CCEP€5,358m 1,008m €5.32 19.1)% (6.4% 11.5% 11.5%YTD 2024 Europe€11,319m 1,965m €5.74 (2.3)% 4.3% 1.9% 2.3% APS€3,867m 899m €4.41 93.3% (24.6)% 45.6% 42.0% CCEP€15,186m 2,864m €5.32 15.6)% (4.4)% 1
THIS ANNOUNCEMENT DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT AND NEITHER THIS ANNOUNCEMENT NOR ANYTHING HEREIN FORMS THE BASIS FOR ANY OFFER TO PURCHASE OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES IN THE COMPANY NOR SHALL IT FORM THE BASIS FOR ANY CONTRACT OR COMMITMENT WHATSOEVER.Coca-Cola Europacific Partners plc ("CCEP" or the "Company") today confirms notification of transfer of UK listing category from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) category of the Official ListUXBRIDGE, ENGLAND / ACCESSWIRE / October 18, 2024 / CCEP is one of the world's leading consumer goods companies, operating in the large and growing
UXBRIDGE, ENGLAND / ACCESSWIRE / August 7, 2024 / COCA-COLA EUROPACIFIC PARTNERSSolid first half, reaffirming FY24 guidance Change vs H1 2023 Change vs H1 2023 H1 2024 Total CCEP Key Financial Metrics[1] As Reported Comparable[1] As Reported Comparable[1] Comparable FXN[1] Adjusted Comparable[4] Adjusted Comparable[4] Adjusted Comparable FXN[4] Volume (M UC)[2] 1,856 1,856 13.8% 13.8% 1,957 0.6% Revenue per UC[2] (€) 5.32 (3.3) % 5.19 2.9%Revenue (€M) 9,828 9,828 9.5% 9.5% 10.0% 10,096 2.9% 3.5%Operating profit (€M) 1,142 1,296 (2.4) % 11.2% 11.6% 1,306 8.7% 9.0%Diluted EPS (€) 1.73 1.97 (6.9) % 6.7% 7.
Coca-Cola Europacific Partners (CCEP) today announces the appointment of Ed Walker as Chief Financial Officer (CFO) UXBRIDGE, UNITED KINGDOM / ACCESSWIRE / May 23, 2024 / CCEP is pleased to announce that Ed Walker, previously Group Controller of CCEP, is appointed as CFO. This follows the recent announcement of Nik Jhangiani's resignation (3 May 2024) and the completion of a thorough process.Ed started his career as an Officer in the British Army. He then trained as an accountant and now has over 30 years of finance leadership experience across manufacturing, purchasing, commercial, marketing and group functions. Ed has been with CCEP since its formation and prior to that held several roles
Coca-Cola Europacific Partners (CCEP) today announces the resignation of Nik Jhangiani, SVP and Chief Financial Officer (CFO) with a search for his successor well underway UXBRIDGE, UK / ACCESSWIRE / May 3, 2024 / Nik Jhangiani, CFO, has informed the Company of his intention to join Diageo plc as CFO later this year. CCEP expects to make an announcement about his successor in the near future, following a thorough search with strong candidates already identified. Nik will remain in role to ensure an orderly and effective transition.Damian Gammell, CCEP CEO said:"I have been privileged to work closely with Nik for nearly a decade and I want to thank him for his outstanding contribution to CCEP
Trading Update for the First Quarter ended 29 March 2024 & Interim Dividend Declaration UXBRIDGE, UNITED KINGDOM / ACCESSWIRE / April 25, 2024 / Good start to the year, confidently reaffirming FY24 guidanceQ1 2024 Change vs 2023 RevenueVolume (UC) [2]Revenue per UC [1],[2],[3] Comparable Volume [1]Revenue per UC [1],[2],[3]FXN [1],[3] RevenueRevenueEurope€3,290m582m€5.62 (1.4)%5.6%4.0%4.6%APS€1,175m247m€4.98 38.8%(12.3)%22.0%16.5%CCEP€4,465m829m€5.43 7.9%0.5%8.4%7.5%Q1 2024 (Adjusted comparable) [4] Change vs 2023 (Adjusted comparable) [4] RevenueVolume(UC)Revenue per UC Comparable volumeRevenue per UCFXN revenueRevenueEurope€3,290m582m€5.62 (1.4)%5.6%4.0%4.6%APS€1,443m348m€4.34 8.1%0.2%8.3
COCA-COLA EUROPACIFIC PARTNERS PLC 2024 ANNUAL GENERAL MEETING ("AGM")UXBRIDGE, UK / ACCESSWIRE / April 10, 2024 / Coca-Cola Europacific Partners plc ("CCEP") announces that the Notice of Meeting for its 2024 Annual General Meeting ("Notice of AGM") is available to view at: https://www.cocacolaep.com/about-us/governance/shareholder-meetings in which CCEP reaffirms its comparable operating profit guidance for the year ending 31 December 2024, as set out in its full year results announced on 23 February 2024.The AGM is to be to be held at 12:00pm BST on 22 May 2024, at 1A Wimpole Street, London, W1G 0EA.CCEP's 2023 Integrated Report and Form 20-F ("2023 Integrated Report") was published on 15
COCA-COLA EUROPACIFIC PARTNERS PLC FILES INTEGRATED REPORT AND FORM 20-FLONDON, UK / ACCESSWIRE / March 15, 2024 / Coca-Cola Europacific Partners plc ("CCEP") (ticker symbol CCEP) announces that, on 15 March 2024, it filed its 2023 Integrated Report and Form 20-F with the Securities and Exchange Commission. This document was filed in accordance with Rule 5250(d) of the Nasdaq Listing Rules and includes CCEP's audited results for the year ended 31 December 2023. The unaudited fourth-quarter and full year results for the period ended 31 December 2023 were released on 23 February 2024.The 2023 Integrated Report and Form 20-F is available on CCEP's website at https://ir.cocacolaep.com/financial-
Preliminary unaudited results for the full year ended 31 December 2023Solid end to a great year, well placed for FY24 and beyondUXBRIDGE, UK / ACCESSWIRE / February 23, 2024 / (NASDAQ:CCEP)(LSE:CCEP) FY 2023 Metric[1]As Reported Comparable [1]Change vs 2022As ReportedComparable[1]Comparable Fx-Neutral [1]Total CCEPVolume (M UC)[2]3,279 3,279(0.5) %(0.5) % Revenue (€M)18,302 18,3025.5 %5.5 %8.0 %Cost of sales (€M)11,582 11,5764.5 %4.5 %6.5 %Operating expenses (€M)4,488 4,3536.0 %6.5 %8.5 %Operating profit (€M)2,339 2,37312.0 %11.0 %13.5 %Profit after taxes (€M)1,669 1,7019.5 %9.0 %11.5 %Diluted EPS (€)3.63 3.7110.5 %9.5 %12.0 %Revenue per UC[2] (€) 5.70 8.5 %Cost of sales per UC[2] (€) 3.6
Exane BNP Paribas downgraded Coca-Cola European Partners from Outperform to Neutral and set a new price target of $81.00
Exane BNP Paribas upgraded Coca-Cola European Partners from Neutral to Outperform
Goldman upgraded Coca-Cola European Partners from Neutral to Buy
Societe Generale upgraded Coca-Cola European Partners from Sell to Hold and set a new price target of $61.15
UBS upgraded Coca-Cola European Partners from Neutral to Buy and set a new price target of $68.00 from $62.00 previously
Kepler downgraded Coca-Cola European Partners from Buy to Hold
B of A Securities reiterated coverage of Coca-Cola Europacific with a rating of Buy and set a new price target of $55.00 from $68.00 previously
Barclays reiterated coverage of Coca-Cola Europacific with a rating of Overweight and set a new price target of $74.00 from $78.00 previously
ING Group initiated coverage of Coca-Cola European Partners with a rating of Buy and set a new price target of $71.05
Deutsche Bank reiterated coverage of Coca-Cola Europacific with a rating of Buy and set a new price target of $73.00 from $71.00 previously
Barclays analyst Lauren Lieberman maintains Coca-Cola Europacific (NASDAQ:CCEP) with a Overweight and lowers the price target from $84 to $82.
B of A Securities analyst Bryan Spillane maintains Coca-Cola Europacific (NASDAQ:CCEP) with a Buy and raises the price target from $80 to $82.
Barclays analyst Lauren Lieberman maintains Coca-Cola Europacific (NASDAQ:CCEP) with a Overweight and raises the price target from $78 to $84.
Coca-Cola Europacific Partners (CCEP) today announces the resignation of Nik Jhangiani, SVP and Chief Financial Officer (CFO) with a search for his successor well underway, Diageo plc announces that Nik Jhangiani will join the company as Chief Financial Officer, taking up the position and joining Diageo's Board and Executive Committee in Autumn 2024. Lavanya Chandrashekar will step down from the Executive Committee and Board at the same time after three years as Chief Financial Officer and six years with the company, and will return to the US.
Barclays analyst Lauren Lieberman maintains Coca-Cola Europacific (NASDAQ:CCEP) with a Overweight and raises the price target from $75 to $78.
Deutsche Bank analyst Mitch Collett maintains Coca-Cola Europacific (NASDAQ:CCEP) with a Buy and raises the price target from $68 to $77.
Argus Research analyst Taylor Conrad maintains Coca-Cola Europacific (NASDAQ:CCEP) with a Buy and raises the price target from $72 to $85.
Barclays has decided to maintain its Overweight rating of Coca-Cola Europacific (NASDAQ:CCEP) and raise its price target from $74.00 to $75.00. Shares of Coca-Cola Europacific are trading down 0.38% over the last 24 hours, at $71.42 per share. A move to $75.00 would account for a 5.01% increase from the current share price. About Coca-Cola Europacific CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (78% of 2022 revenue and 73% of EBIT) and Australasia (22% and 27%, respectively). In 2023 it announced the planned acquisition of Coca-Cola Beverages Philippines from TCCC.In 2022, CCEP sold 3.3 bill