Heineken: UBS raises target price
(CercleFinance.com) - UBS confirms its 'buy' recommendation on Heineken shares, with a target price raised from E85 to E96, with 24% upside potential, following the Dutch brewer's annual results released on Wednesday.
The broker sees green shoots in key emerging markets and believes that consistent delivery can continue to support re-rating. It raises its 2025-27 EPS guidance from 5% to 9%, on the outperformance of expectations in 2024 and share buybacks.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
The broker sees green shoots in key emerging markets and believes that consistent delivery can continue to support re-rating. It raises its 2025-27 EPS guidance from 5% to 9%, on the outperformance of expectations in 2024 and share buybacks.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.