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Heineken: UBS remains positive ahead of H1 results

(CercleFinance.com) - UBS maintains its 'buy' recommendation on Heineken shares, as well as its target price of E105, which gives the Dutch brewer's stock 14% upside potential, ahead of its H1 results.


The broker sees 'upside risk' on Q2 organic sales growth, expecting +6.4%, vs. a consensus of +5.6%, and more significantly on H1 EBIT growth, forecasting +20%, vs. a consensus of +10.4%.


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