Consensus Heineken N.V.

Equities

HEIA

NL0000009165

Brewers

Market Closed - Euronext Amsterdam Other stock markets 16:55:00 13/02/2026 GMT			5-day change	1st Jan Change
78.08 ^EUR	-2.55%		+5.97%	+11.96%

02-13	Heineken Forecasts Updated as Berenberg Notes 'Cause for Optimism' in FY26	MT
02-12	Heineken Launches Second Tranche of EUR1.5 Billion Share Repurchase Program	MT

Evolution of the Average Target: Heineken N.V.

Evolution of the Target Price: Heineken N.V.

Changes in Analyst Recommendations: Heineken N.V.

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Analysts' recommendations: Heineken N.V.

02-13	Heineken Forecasts Updated as Berenberg Notes 'Cause for Optimism' in FY26	MT
02-12	RBC Ups Heineken Price Target, Estimates After FY25 Results, Fifco Purchase	MT
02-11	Heineken: FY25 slight top-line beat, significant workforce cuts announced
02-11	Heineken Kept at Buy as BofA Notes Strong FY25 Results on All Metrics	MT
01-26	Oddo BHF Downgrades Heineken to Neutral, Reduces PT	MT
01-12	BNP Paribas Downgrades Heineken to Neutral, Cuts PT	MT
01-06	Heineken Rating, Price Target Cut as RBC Flags Macro Headwinds	MT
12-23	Goldman Sachs Lowers Heineken's PT, Affirms Buy Rating	MT
12-04	UBS: Brighter Prospects for Beer, Dimmer for Spirits - Carlsberg Upgraded to Buy	FW
11-28	Deutsche Bank Upgrades Heineken to Buy, Boosts PT	MT
24/10/25	Heineken: Heineken CMD: Addressing past strategic missteps
22/10/25	Heineken: Q3 '25: Beer volume decline in line with expectations
22/10/25	Heineken Holding N.V. Reports Revenue Results for the Third Quarter and Year to Date 2025	CI
14/10/25	Heineken announces global head office reshaping	RE
13/10/25	AlphaValue/Baader Europe Updates Long-term Estimates, Rating on Heineken	MT
10/10/25	Heineken: Opinion change, from Buy to Add
25/09/25	Berenberg Affirms Heineken's Buy Rating Amid Acquisition of Fifco's Beverage, Retail Businesses	MT
18/09/25	Heineken: UBS remains positive but cuts TP
11/09/25	Citi Sees Room for Upgraded Profit Forecast from Carlsberg at Capital Markets Day, Maintains as Top Pick - BN	FW
10/09/25	Berenberg Ups Heineken Price Target on Potential Cost Savings	MT
30/07/25	Analysts' opinions of the day: Kering splits, news on Abivax, Soitec and Novo Nordisk
30/07/25	Berenberg Tweaks Financial Expectations for Heineken Amid Europe Negotiations, US Tariffs	MT
29/07/25	RBC Updates Heineken Price Target, Forecasts After H1 Results	MT
29/07/25	BofA Keeps Heineken at Buy as Diversification Bolsters H1 Results	MT
29/07/25	AlphaValue/Baader Europe Downgrades Heineken to Add, Reduces PT	MT

More recommendations

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

78.08EUR

Average target price

88.72EUR

Spread / Average Target

+13.63%

High Price Target

126.00EUR

Spread / Highest target

+61.37%

Low Price Target

73.50EUR

Spread / Lowest Target

-5.87%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

alphavalue	Filippo Ercole Piva
ODDO BHF
BNP Paribas
Goldman Sachs
Deutsche Bank Research
AlphaValue/Baader Europe
RBC Capital Markets
Deutsche Bank Securities
CIC Market Solutions
UBS
BERENBERG	Javier Gonzalez Lastra
RBC	James Edwardes Jones
JEFFERIES	Edward Mundy