According to Zacks, “Heineken N.V. is engaged in producing and distributing beverages. It offers beer, cider, soft drinks, and other beverages. The Company’s principal global brand is Heineken. Heineken N.V. is headquartered in Amsterdam, the Netherlands. “
Other research analysts have also issued research reports about the company. HSBC raised Heineken from a “hold” rating to a “buy” rating in a report on Friday. Morgan Stanley boosted their target price on Heineken from €95.00 ($102.15) to €98.00 ($105.38) and gave the stock an “equal weight” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft boosted their target price on Heineken from €97.00 ($104.30) to €105.00 ($112.90) in a research report on Friday. Credit Suisse Group boosted their target price on Heineken from €120.00 ($129.03) to €121.00 ($130.11) in a research report on Friday. Finally, Berenberg Bank boosted their price objective on Heineken from €104.50 ($112.37) to €105.60 ($113.55) and gave the company a “hold” rating in a research report on Friday. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $96.09.
Heineken Company Profile (Get Rating)
Heineken N.V. engages in the brewing and selling of beer and cider. It also provides soft drinks and water. It offers its beers under the Heineken, Amstel, Desperados, Sol, Tiger, Birra Moretti, Affligem, Lagunitas, and Mort Subite brands, as well as under various other regional and local brands; and cider under the Strongbow Apple Ciders, Orchard Thieves, Follow The Fox, Cidrerie Stassen, Bulmers, Old Mout, and Blind Pig brands.
- Get a free copy of the StockNews.com research report on Heineken (HEINY)
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