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Heineken: shares not expensive, Jefferies says

( - Jefferies maintains its "buy" rating on the Heineken share, with a target price of 110 euros, saying that the Dutch brewer offers superior top-line growth in the beer sector.

Pointing out that consensus has been reduced, the US broker believes that the shares should re-rate on guidance delivery.

Jefferies thinks that the shares are not expensive, given the group's level of growth.

The stock is currently down 0.4% at 97.7 euros on Euronext Amsterdam.

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A quel niveau sera le CAC40 à fin Mai 2020 :

En hausse à 5150Pts
En hausse à 4620Pts
Stable sur le niveau des 4460Pts
En baisse à 4145Pts
En baisse à 3600Pts
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