Based on the provided data, here's my analysis of CCEP stock:
Technical Analysis
The stock is currently trading at $80.33 during regular market hours, showing a +0.37% gain. The stock has been trading between a 52-week range of $65.74 to $82.32. Recent price action shows the stock has crossed above its key moving average levels, which is typically a bullish technical signal.
Valuation Analysis
According to recent analysis, CCEP appears significantly undervalued. The estimated fair value is €121, suggesting the stock is currently 38% undervalued at its current price. This valuation is based on discounted cash flow analysis and is notably higher than the analyst consensus price target of €77.30.
Analyst Sentiment
Recent analyst actions include:
- Barclays: Buy rating with $83 price target (Jan 2025)
- UBS: Strong Buy rating with $90 price target (Dec 2024)
- Bernstein: Hold rating with $82 price target (Dec 2024)
- JP Morgan: Downgraded to Hold from Buy (Nov 2024)
Growth & Financial Health
The company demonstrates strong fundamentals with:
- Robust cash flow coverage
- Low debt levels
- Solid dividend coverage
However, there are some concerns:
- Recent earnings decline
- Growth rate slower than market average
- Dividend yield lower than top quartile of beverage market peers
Based on the current market price of $80.33 and considering both technical and fundamental factors, CCEP presents a HOLD opportunity. While the stock appears undervalued and shows positive technical momentum, recent analyst downgrades and slower growth metrics suggest waiting for better entry points.