RBC Capital Keeps Their Hold Rating on Heineken NV (0O26)
In a report released on February 11, James Edwardes Jones from RBC Capital maintained a Hold rating on Heineken NV, with a price target of €79.00.
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Edwardes Jones covers the Consumer Defensive sector, focusing on stocks such as Heineken NV, Diageo, and Imperial Brands. According to TipRanks, Edwardes Jones has an average return of 4.0% and a 64.80% success rate on recommended stocks.
In addition to RBC Capital, Heineken NV also received a Hold from DBS’s Zheng Feng Chee in a report issued yesterday. However, on the same day, UBS maintained a Buy rating on Heineken NV (LSE: 0O26).
Based on Heineken NV’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €7.09 billion and a net profit of €372 million. In comparison, last year the company earned a revenue of €14.82 billion and had a GAAP net loss of €95 million
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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
