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Heineken NV (0O26) was downgraded to a Hold Rating at RBC Capital

Tipranks - Tipranks - Wed Jan 7, 8:00PM CST

Heineken NV received a Hold rating and a €76.00 price target from RBC Capital analyst James Edwardes Jones yesterday.

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Edwardes Jones covers the Consumer Defensive sector, focusing on stocks such as Diageo, Unilever, and Nestlé SA. According to TipRanks, Edwardes Jones has an average return of 3.8% and a 65.45% success rate on recommended stocks.

Currently, the analyst consensus on Heineken NV is a Strong Buy with an average price target of €85.40.

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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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