News

THE NETHERLANDS: ING cuts Heineken forecast

Most popular

Why COVID-19 has restored plastic's popularity

Remy Cointreau Performance Trends 2016-2020

COVID-19 a double-edged sword for CBD

How drinks companies can trump the water fountain

Campari and Cuervo - The next big spirits buy?

MORE
Investment bank, ING Financial Markets, has lowered its price target and earnings per share forecasts for the Netherlands-based brewing combine, Heineken. The adjustment has been attributed to the weakness of the US dollar.

"The US dollar development is the main reason why we lower our 2003 and 2004 estimates by respectively 1% and 4% and our target price by €2 to €45," ING said in a note.


Companies: Heineken

Related Content

"The consolidation of the spirits industry is not over" - just-drinks speaks to Pernod Ricard's CEO ...

What the stock market free-fall means for the drinks industry today and tomorrow, and PepsiCo's hopes to become a rock star - The just-drinks Analyst

What the stock market free-fall means for the drinks industry today and tomorrow, and PepsiCo's hope...

Why France's wine industry should look beyond COVID-19 for the source of its woes - comment

Why France's wine industry should look beyond COVID-19 for the source of its woes - comment...

Why Carlsberg's time is now, why Q3 is set fair for drinks and why spirits should learn from Neil Woodford - The just-drinks Analyst

Why Carlsberg's time is now, why Q3 is set fair for drinks and why spirits should learn from Neil Wo...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

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..



Forgot your password?