CCEP Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for CCEP stock have an average target of 77.5, with a low estimate of 70 and a high estimate of 85. The average target predicts an increase of 6.54% from the current stock price of 72.74.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$70	$77.5	$78	$85
Change	-3.77%	+6.54%	+7.23%	+16.85%

* Price targets were last updated on May 14, 2024.

Analyst Ratings

The average analyst rating for CCEP stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	2	3	4	4	4	4
Buy	4	4	4	4	4	4
Hold	1	1	1	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	8	9	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lauren Lieberman Barclays	Barclays	Buy Maintains $78 → $84	Buy	Maintains	$78 → $84	+15.48%	May 14, 2024
Lauren Lieberman Barclays	Barclays	Buy Maintains $75 → $78	Buy	Maintains	$75 → $78	+7.23%	Apr 29, 2024
Mitch Collett Deutsche Bank	Deutsche Bank	Strong Buy Maintains $68 → $77	Strong Buy	Maintains	$68 → $77	+5.86%	Mar 28, 2024
Taylor Conrad Argus Research	Argus Research	Strong Buy Maintains $72 → $85	Strong Buy	Maintains	$72 → $85	+16.85%	Mar 19, 2024
Lauren Lieberman Barclays	Barclays	Buy Maintains $74 → $75	Buy	Maintains	$74 → $75	+3.11%	Feb 27, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

21.35B

from 18.30B

16.63%

from 18.30B

Revenue Next Year

22.29B

from 21.35B

4.43%

from 21.35B

EPS This Year

4.05

from 3.63

11.47%

from 3.63

EPS Next Year

4.38

from 4.05

8.15%

from 4.05

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	12.02B	10.61B	13.76B	17.32B	18.30B	21.35B	22.29B	23.16B	24.02B	24.93B
Revenue Growth	4.33%	-11.74%	29.77%	25.84%	5.67%	16.63%	4.43%	3.92%	3.68%	3.82%
EPS	2.32	1.09	2.15	3.29	3.63	4.05	4.38	4.76	5.48	5.64
EPS Growth	24.73%	-53.02%	97.25%	53.02%	10.33%	11.47%	8.15%	8.86%	15.14%	2.77%
Forward PE	-	-	-	-	-	17.98	16.62	15.27	13.26	12.90
No. Analysts	-	-	-	-	-	19	19	14	3	3

Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	22.7B	23.6B	24.2B	24.7B	25.7B
Avg	21.3B	22.3B	23.2B	24.0B	24.9B
Low	20.2B	21.0B	21.8B	23.1B	23.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	23.8%	10.4%	8.8%	6.8%	7.1%
Avg	16.6%	4.4%	3.9%	3.7%	3.8%
Low	10.2%	-1.6%	-2.2%	-0.4%	-0.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.27	4.68	5.18	5.65	5.80
Avg	4.05	4.38	4.76	5.48	5.64
Low	3.75	3.97	4.27	5.27	5.42

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	17.5%	15.6%	18.3%	18.5%	5.8%
Avg	11.5%	8.1%	8.9%	15.1%	2.8%
Low	3.4%	-1.8%	-2.5%	10.6%	-1.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.