UBS Reaffirms Their Buy Rating on Heineken NV (0O26)
In a report released today, Sanjeet Aujla from UBS maintained a Buy rating on Heineken NV, with a price target of €89.00.
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Aujla covers the Consumer Defensive sector, focusing on stocks such as Diageo, Heineken NV, and Remy Cointreau. According to TipRanks, Aujla has an average return of 2.8% and a 55.17% success rate on recommended stocks.
In addition to UBS, Heineken NV also received a Buy from TipRanks – xAI’s xAi Consumer Defensive GB in a report issued today. However, on the same day, TipRanks – OpenAI downgraded Heineken NV (LSE: 0O26) to a Hold.
Based on Heineken NV’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €14.57 billion and a net profit of €1.14 billion. In comparison, last year the company earned a revenue of €15 billion and had a net profit of €1.07 billion
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- Heineken price target raised to EUR 93 from EUR 88 at Citi
- Heineken price target raised to EUR 79 from EUR 76 at RBC Capital
- Heineken price target raised to EUR 93 from EUR 86 at Deutsche Bank
- Heineken proposes FY25 total cash dividend of EUR 1.90 per share
- Heineken to reduce 5,000-6,000 roles over next two years
