Technical Analysis: CCEP's stock has shown a strong upward trend, with the price recently reaching $87.16 at market close on February 21, 2025. The stock has maintained stability above key support levels.
Price Levels and Indicators:
News Sentiment Analysis:
Price Prediction for Next Week: Based on technical indicators and positive analyst sentiment, CCEP is expected to test new highs:
Trading Recommendation: BUY
Rationale: Strong analyst backing, stable technical indicators, and positive momentum suggest continued upward movement. The risk-reward ratio is favorable with limited downside risk compared to potential gains.
The price of CCEP is predicted to go up -40.02%, based on the high correlation periods with AGMH. The similarity of these two price pattern on the periods is 98.95%.
CCEP
AGMH
CCEP's acquisition strategy has expanded the company's footprint into developing markets, where per capita consumption can offer more room for growth than the core European markets.
The roll-up strategy also allows CCEP to roll out digitalization platforms and global best practices, generating financial benefits from operational improvements.
There are still opportunities to diversify the portfolio. While other bottlers already dabble in distributing alcoholic beverages, CCEP so far has not.
Barclays
2025-01-17
Price Target
$86 → $83
Upside
+7.69%
Bernstein
2024-12-03
Price Target
$82
Upside
+5.06%
JP Morgan
2024-11-27
Price Target
n/a
Downside
0%