The analyst rating from UBS for CR BEVERAGE is maintained at "Neutral" due to several factors. The management's outlook for the second half of 2025 and 2026 indicates that short-term fluctuations in packaged drinking water are a result of intensifying price competition. UBS anticipates that continuous investment in marketing and promotional activities will be necessary, and while the beverage business is expected to grow due to new product launches, the firm has lowered its earnings forecasts for 2025-2027 by 14-17% and revenue forecasts by 4-5%. Additionally, the target price was cut from $11.7 to $10.75, reflecting a cautious stance amid the competitive landscape and revised financial expectations.
