Heineken NV (OTCMKTS:HEINY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Heineken NV (OTCMKTS:HEINY) have received an average recommendation of “Moderate Buy” from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company.

HEINY has been the subject of a number of recent research reports. Zacks Research cut Heineken from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Heineken in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft downgraded shares of Heineken from a “buy” rating to a “hold” rating in a report on Thursday, May 28th. Finally, JPMorgan Chase & Co. lowered shares of Heineken from an “overweight” rating to a “neutral” rating in a research report on Wednesday, May 13th.

Heineken Trading Up 1.8%

Shares of HEINY opened at $43.49 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.69 and a current ratio of 0.93. The company has a 50-day moving average price of $40.26 and a two-hundred day moving average price of $40.76. Heineken has a 12 month low of $37.03 and a 12 month high of $47.63.

Heineken Company Profile

Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company’s activities span brewing, marketing and distribution of beer and cider products, serving on‑trade and off‑trade channels as well as e‑commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.

Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest brewers.