Heineken NV (OTCMKTS:HEINY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Heineken NV (OTCMKTS:HEINY) have earned a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the stock, MarketBeat reports. Seven research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating on the company.

Several analysts have issued reports on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Heineken in a research note on Monday, April 27th. JPMorgan Chase & Co. downgraded shares of Heineken from an “overweight” rating to a “neutral” rating in a research note on Wednesday, May 13th. Zacks Research lowered shares of Heineken from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Heineken from a “buy” rating to a “hold” rating in a research note on Thursday, May 28th.

Heineken Price Performance

Shares of Heineken stock opened at $43.84 on Monday. The company has a current ratio of 0.93, a quick ratio of 0.69 and a debt-to-equity ratio of 0.79. Heineken has a 12 month low of $37.03 and a 12 month high of $47.63. The business’s 50-day moving average price is $39.82 and its 200-day moving average price is $40.67.

About Heineken

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.