Barclays Reaffirms Bullish View on The Coca-Cola Company (KO) with Higher Price Target

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On May 21, Barclays raised its terms proposal connected The Coca-Cola Company (NYSE:KO) to $89 from $85. It reiterated an Overweight standing connected the shares.

During the Q1 2026 net call, President & CFO John Murphy said the institution continued to expect integrated gross maturation of 4% to 5% for 2026. He besides noted that absorption present expected comparable currency-neutral EPS growth, excluding acquisitions and divestitures, to travel successful betwixt 6% and 7%.

Murphy added that the institution present projected comparable net per stock maturation of 8% to 9% compared to the $3 reported successful 2025. He said this was higher than the erstwhile forecast of 7% to 8%, chiefly due to the fact that of a little expected effectual taxation rate.

According to Murphy, Coca-Cola present expects its 2026 underlying effectual taxation complaint to beryllium 19.9%, which is 1 percent constituent little than the earlier estimate. He besides said divestitures were inactive expected to make an approximate four-point headwind to comparable nett gross and astir a one-point headwind to comparable net per share. These projections presume that the pending merchantability of Coca-Cola Beverages Africa volition adjacent successful the 2nd fractional of 2026.

The Coca-Cola Company (NYSE:KO) is simply a planetary beverage institution with operations crossed Europe, the Middle East and Africa, Latin America, North America, Asia Pacific, and Bottling Investments. The institution sells aggregate beverage brands crossed a wide scope of categories worldwide.

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