Heineken NV (OTCMKTS:HEINY) Given Consensus Recommendation of “Strong Buy” by Brokerages

Shares of Heineken NV (OTCMKTS:HEINY) have been assigned a consensus rating of “Strong Buy” from the six research firms that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a buy recommendation and three have given a strong buy recommendation to the company.

A number of brokerages have issued reports on HEINY. Deutsche Bank Aktiengesellschaft raised shares of Heineken from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. UBS Group raised Heineken to a “strong-buy” rating in a report on Monday, October 27th.

Heineken Trading Down 1.3%

Heineken stock opened at $40.23 on Thursday. Heineken has a 12-month low of $32.77 and a 12-month 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 firm’s fifty day moving average is $40.25 and its 200 day moving average is $41.04.

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.