The broker Goldman Sachs has downgraded its rating on the Dutch brewer Heineken from "neutral" to "underperform".
In a research note, Goldman Sachs's analysts said that it sees increasing downside risks to earnings and to the current relative rating.
It added that it had trimmed its EPS forecasts for Heineken slightly because of increasing pressure on volumes in Europe and for currency effects, notably of the Nigerian naira.
Sectors: Beer & cider
Companies: Heineken
Related Content
Oops! This article is copy protected.
The ability to copy articles is specially reserved for people who are part of a group membership.
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
©2019 All content copyright just-drinks.com
Published by Aroq Ltd. Address: Aroq House, 17A Harris Business Park, Bromsgrove, Worcs, B60 4DJ, UK.
Tel: Intl +44 (0)1527 573 600. Toll Free from US: 1-866-545-5878. Fax: +44 (0)1527 577423.
Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No: 4307068.
Aroq publishes just-auto.com | just-food.com | just-drinks.com | just-style.com
