Coca-Cola HBC Stock Jumps on Stronger Profit Forecast
Coca-Cola HBC AG (ISIN GRS104003009) saw its stock gain 3.04 percent on September 22, 2026, after a market update highlighted stronger profit expectations.
The company lifted its profit forecast following demand that outperformed macroeconomic concerns, according to Global Banking and Finance reported on September 23, 2026.
Deutsche Bank raised its target from 5,700 pence to 5,725 pence and retained a Buy rating, while Berenberg increased its target to 5,453 pence and Jefferies set its target at 5,500 pence, both with Buy ratings.
The consensus among analysts is a Moderate Buy, with an average target of 5,320.60 pence, representing a 20.7 percent increase from the closing price of 4,408.00 pence on September 22, 2026.