Heineken NV (OTCMKTS:HEINY) Given Average Recommendation of “Hold” by Analysts

Shares of Heineken NV (OTCMKTS:HEINY) have been assigned an average rating of “Hold” from the nine research firms that are currently covering the company, Marketbeat reports. Seven equities research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered shares of Heineken from a “buy” rating to a “hold” rating in a report on Thursday, May 28th. Royal Bank Of Canada restated a “sector perform” rating on shares of Heineken in a research note on Monday, April 27th. Zacks Research cut Heineken from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Finally, JPMorgan Chase & Co. downgraded Heineken from an “overweight” rating to a “neutral” rating in a research note on Wednesday, May 13th.

Heineken Trading Up 0.0%

Shares of Heineken stock opened at $45.93 on Friday. The firm’s 50 day simple moving average is $41.79 and its two-hundred day simple moving average is $41.13. Heineken has a 12-month low of $37.03 and a 12-month high of $47.63. 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.