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

Shares of Heineken NV (OTCMKTS:HEINY) have been assigned an average recommendation of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and two have issued a strong buy recommendation on the company.

HEINY has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut Heineken from an “overweight” rating to a “neutral” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft cut Heineken from a “buy” rating to a “hold” rating in a research report on Thursday, May 28th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Heineken in a research report on Monday, April 27th. Finally, Zacks Research cut Heineken from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th.

Heineken Stock Performance

Shares of HEINY stock opened at $40.13 on Thursday. Heineken has a fifty-two week low of $37.03 and a fifty-two week high of $47.63. The business has a fifty day simple moving average of $39.33 and a 200-day simple moving average of $40.54. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.69 and a current ratio of 0.93.

Heineken Company Profile

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.