Heineken NV (OTCMKTS:HEINY) Receives Average Recommendation of “Buy” from Analysts

Heineken NV (OTCMKTS:HEINY) has been given an average recommendation of “Buy” by the ten brokerages that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and four have issued a strong buy recommendation on the company.

A number of equities analysts have recently commented on the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of Heineken in a research report on Thursday, February 12th. Dbs Bank cut Heineken from a “moderate buy” rating to a “hold” rating in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Heineken in a research report on Thursday, February 12th. Zacks Research upgraded Heineken from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 26th. Finally, BNP Paribas Exane lowered shares of Heineken from an “outperform” rating to a “hold” rating in a report on Monday, January 12th.

Heineken Price Performance

Heineken stock opened at $41.48 on Tuesday. Heineken has a one year low of $38.00 and a one year high of $47.63. The business has a fifty day moving average price of $42.34 and a 200-day moving average price of $40.72. The company has a quick ratio of 0.51, a current ratio of 0.75 and a debt-to-equity ratio of 0.67.

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.