Heineken NV (OTCMKTS:HEINY) Receives Consensus Recommendation of “Buy” from Brokerages

Heineken NV (OTCMKTS:HEINY) has received a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and three have issued a strong buy recommendation on the company.

Several brokerages have weighed in on HEINY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Heineken in a report on Tuesday, January 6th. BNP Paribas downgraded Heineken from an “outperform” rating to a “hold” rating in a research note on Monday. Finally, UBS Group raised Heineken to a “strong-buy” rating in a research note on Monday, October 27th.

Heineken Stock Up 2.0%

Shares of HEINY stock opened at $39.60 on Monday. Heineken has a 1 year low of $32.87 and a 1 year high of $46.62. The company has a current ratio of 0.75, a quick ratio of 0.51 and a debt-to-equity ratio of 0.67. The stock has a 50 day simple moving average of $40.32 and a 200 day simple moving average of $40.59.

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.