UK: Morgan Stanley lowers Heineken rating
Investment bank Morgan Stanley has lowered its rating of the international brewer Heineken to "underweight" from "equal weight".
The bank's analyst raised concerns over Heineken's exposure to difficult markets and said that the brewer's premium share valuation versus its peers was as a consequence unjustified.
Morgan Stanley said it believed Heineken would likely have muted earnings growth compared to peers with more favourable geographic spread.
Dutch brewer Heineken is rumored to have released a self-chilling beer can....
ING has raised its target for Heineken's share price after analysing the brewer's options to save costs....
Heineken's CEO-in-waiting has no plan to radically alter the brewer's strategy, he said in an interview today....
Heineken has restructured its top management, in a move that includes the retirement of current CEO and chairman Thony Ruys from October this year....
Heineken said yesterday that its Austrian subsidiary Brau Union AG has signed an agreement for the divestment of its Real Estate Division. This division comprises all non-business related real estate ...
Heineken has acquired a 40% stake in a Chinese brewery....
Heineken Espana is looking to invest heavily in a new plant in southern Spain....
Grupo Empresarial Bavaria is not looking to sell up, its president has confirmed....
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