Heineken NV (OTCMKTS:HEINY) Receives Consensus Rating of “Hold” from Brokerages

Heineken NV (OTCMKTS:HEINY) has been assigned a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the stock, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company.

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

Heineken Stock Down 1.7%

Shares of HEINY stock opened at $45.22 on Friday. 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 business has a 50 day moving average of $42.32 and a two-hundred day moving average of $41.35. Heineken has a 52 week low of $37.03 and a 52 week high of $47.63.

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.