Deutsche Bank cuts target for Royal Unibrew stock to DKK 420

Published on 10/02/2026 at 17:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached DKK 7.74 billion in the first half of 2026, up 1.20 percent. Royal Unibrew stock costs EUR 54.10 on October 2, 2026 after EUR 53.90.

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Royal Unibrew stock was trading at EUR 54.10 at Lang & Schwarz on October 2, 2026 at 5:10 p.m. CEST, while Deutsche Bank cut its target from DKK 425.00 to DKK 420.00 on September 16, 2026, according to MarketScreener. The euro quote was up 0.37 percent versus the Lang & Schwarz prior close of EUR 53.90.

First-half EBIT rose 7.00 percent

Royal Unibrew reported net revenue of DKK 7,737 million for the first half of 2026, compared with DKK 7,644 million in the first half of 2025. The 1.20 percent increase came as volume rose 1.80 percent to 9.0 million hectoliters, according to GlobeNewswire.

Profitability improved faster than sales. EBIT increased 7.00 percent to DKK 1,026 million from DKK 959 million, while the EBIT margin reached 13.30 percent from 12.50 percent; diluted earnings per share rose 10.70 percent to DKK 14.50.

DKK 300 million buyback adds support

The company announced a share buyback of up to DKK 300 million on August 17, 2026. By September 11, 2026, Royal Unibrew had accumulated 172,848 repurchased shares at an average price of DKK 427.09, equal to 4.00 percent of the share capital, MarketScreener reported.

November 11 marks the next update

Royal Unibrew reiterated its full-year 2026 outlook, including organic EBIT growth of 6.00 percent to 10.00 percent and EBIT of DKK 2,325 million to DKK 2,425 million, according to GlobeNewswire. The investor-relations calendar lists November 11, 2026, for the trading statement covering the third quarter of 2026.

Euro quote stays near prior close

On Nasdaq Copenhagen, Royal Unibrew was last at DKK 405.40 at 4:59 p.m. CEST on October 2, 2026, with the exchange session closed and market capitalization of DKK 19.5 billion. The Lang & Schwarz quote remained at EUR 54.10, plus 0.37 percent versus the prior close of EUR 53.90.

The further course of trading is shown by the continuously updated real-time quote of Royal Unibrew stock.