Coca-Cola HBC stock gains 3.04 percent on forecast optimism

Published on 09/23/2026 at 08:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coca-Cola HBC stock closed at 4,408.00 pence on September 22, 2026, after a 3.04 percent gain. Deutsche Bank targets 5,725 pence.

Coca-Cola HBC, GRS104003009, Illustration mit AI erstellt.

Coca-Cola HBC AG (ISIN GRS104003009) closed at 4,408.00 pence in London on September 22, 2026, up 3.04 percent on the session. The move followed a market update that highlighted stronger profit expectations for the bottler.

Profit forecast supports shares

Global Banking and Finance reported on September 23, 2026, that Coca-Cola HBC lifted its profit forecast after demand outperformed macroeconomic concerns. The report identifies the underlying update as dated August 5, 2026, giving the forecast change a concrete company-specific anchor rather than treating the share move as a purely technical event.

The market reaction was visible in the stock data. Coca-Cola HBC rose 130.00 pence to 4,408.00 pence on September 22, 2026, while the FTSE 100 finished lower, according to LSE.co.uk. That relative performance gives the forecast revision more weight than a general rise across London-listed shares.

Analyst targets remain higher

According to MarketBeat on September 22, 2026, Deutsche Bank raised its target from 5,700 pence to 5,725 pence and retained a Buy rating in a note dated September 16, 2026. The same report lists Berenberg at 5,453 pence after a rise from 5,007 pence and Jefferies at 5,500 pence, with both carrying Buy ratings from August research.

MarketBeat also reported a Moderate Buy consensus and an average target of 5,320.60 pence on September 22, 2026. Relative to the 4,408.00 pence closing price, that consensus target is 912.60 pence higher, or 20.7 percent above the close, based on the quoted figures.

Stock closes at 4,408 pence

The reference quotation is Coca-Cola HBC's London listing in pence. The stock closed at 4,408.00 pence on September 22, 2026, after gaining 130.00 pence, or 3.04 percent, during that session.