Heineken (OTCMKTS:HEINY) Lowered to “Hold” Rating by Dbs Bank

Heineken (OTCMKTS:HEINYGet Free Report) was downgraded by Dbs Bank from a “moderate buy” rating to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

A number of other equities analysts have also commented on the company. Oddo Bhf lowered Heineken to a “neutral” rating in a research note on Monday, January 26th. Citigroup reaffirmed a “buy” rating on shares of Heineken in a research report on Thursday. BNP Paribas Exane lowered Heineken from an “outperform” rating to a “hold” rating in a report on Monday, January 12th. UBS Group upgraded shares of Heineken to a “strong-buy” rating in a research note on Monday, October 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Heineken in a research note on Thursday. Three research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on Heineken

Heineken Trading Down 2.3%

Heineken stock opened at $46.31 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.51. Heineken has a fifty-two week low of $38.00 and a fifty-two week high of $47.63. The firm has a fifty day moving average price of $40.98 and a two-hundred day moving average price of $40.21.

About Heineken

(Get Free Report)

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.

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