Bernstein Raises Coca-Cola Europacific Price Target Amid Solid Results

Bernstein SocGen Group has raised its price target for Coca-Cola Europacific Partners () to $106 from $102 while maintaining a Market Perform rating.

The firm cited the company's solid first-half results, which showed volume growth of 5.6%, or 2.2% when adjusted for extra selling days.

Coca-Cola Europacific Partners reported revenue of EUR 10.7 billion in the first half of 2026, reflecting a 6.1% increase on a comparable, FX-neutral basis.

The company's operating profit beat expectations, with comparable foreign exchange neutral operating profit growing 8.1%, and comparable foreign exchange neutral diluted earnings per share increasing 10.6%.