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Heineken NV (0O26) Receives a Buy from Bernstein

Tipranks - Tipranks - Wed Jan 21, 6:08PM CST

In a report released today, Trevor Stirling from Bernstein maintained a Buy rating on Heineken NV, with a price target of €124.00.

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Stirling covers the Consumer Defensive sector, focusing on stocks such as Diageo, Anheuser Busch InBev SA/NV, and Heineken NV. According to TipRanks, Stirling has an average return of -2.2% and a 43.75% success rate on recommended stocks.

In addition to Bernstein, Heineken NV also received a Buy from UBS’s Sanjeet Aujla in a report issued on January 13. However, on January 12, Morgan Stanley maintained a Hold rating on Heineken NV (LSE: 0O26).

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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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