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

Heineken NV (OTCMKTS:HEINY) has received an average rating of “Moderate Buy” from the ten analysts that are presently covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and two have issued a strong buy recommendation on the company.

A number of brokerages have recently issued reports on HEINY. Royal Bank Of Canada restated 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 research report on Thursday, May 28th. Citigroup restated a “buy” rating on shares of Heineken in a research report on Thursday, February 12th. Dbs Bank downgraded shares of Heineken from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 12th. Finally, JPMorgan Chase & Co. downgraded shares of Heineken from an “overweight” rating to a “neutral” rating in a research report on Wednesday, May 13th.

Heineken Stock Performance

Shares of OTCMKTS HEINY opened at $40.09 on Thursday. Heineken has a 52-week low of $37.03 and a 52-week high of $47.63. 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’s 50 day moving average price is $39.16 and its 200-day moving average price is $40.52.

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.