Heineken NV (OTCMKTS:HEINY) Receives Average Rating of “Moderate Buy” from Brokerages

Heineken NV (OTCMKTS:HEINY) has been given a consensus rating of “Moderate Buy” by the ten brokerages that are covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

Several research firms have commented on HEINY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Heineken in a research report on Thursday, February 12th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Heineken in a research report on Monday, April 27th. Oddo Bhf downgraded shares of Heineken to a “neutral” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. downgraded shares of Heineken from an “overweight” rating to a “neutral” rating in a research report on Wednesday, May 13th. Finally, Dbs Bank downgraded shares of Heineken from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 12th.

Heineken Price Performance

Shares of HEINY opened at $39.90 on Friday. The company’s 50 day moving average price is $39.10 and its 200 day moving average price is $40.61. Heineken has a 52 week low of $37.03 and a 52 week high of $47.63. The company has a quick ratio of 0.69, a current ratio of 0.93 and a debt-to-equity ratio of 0.79.

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.