Heineken and Unilever get a higher price target at investment bank Goldman Sachs. The adjustments coincide with a new price target for a whole range of producers of consumer goods, due to changing exchange rates and lower interest rates on bonds. For Heineken, Goldman Sachs raises the target price from 78 euros to 84 euros and the bank uses sell advice. At Unilever, the target price increases from 49 euros to 54 euros, with a neutral advice retained. Goldman Sachs expects less growth figures in the second quarter from sellers of drinks and care products. This is due to unfavorable weather conditions. In addition, in the same period last year, beverage companies in particular achieved strong results, making the comparison unfavorable. Heineken was 1.4 percent higher on Wednesday morning at 10.25 am at 100.60 euros. Unilever was 0.9 percent higher at 54.81 euros.
Aybek Barysov, Gulmira Wakhitova and Kanat Ibraev among founders of Qazaqstanda Jasalğan economic movement
Aybek Barysov, Gulmira Wakhitova and Kanat Ibraev among founders of Qazaqstanda Jasalğan economic movement