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

Heineken NV (OTCMKTS:HEINY) has earned an average rating of “Buy” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and three have issued a strong buy rating on the company.

HEINY has been the subject of a number of research reports. BNP Paribas Exane cut shares of Heineken from an “outperform” rating to a “hold” rating in a report on Monday, January 12th. UBS Group upgraded Heineken to a “strong-buy” rating in a research note on Monday, October 27th. Oddo Bhf downgraded Heineken to a “neutral” rating in a research note on Monday, January 26th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Heineken in a report on Tuesday, January 6th.

Heineken Trading Up 0.5%

Shares of HEINY stock opened at $44.28 on Friday. The firm has a 50 day moving average of $40.61 and a 200-day moving average of $40.08. The company has a quick ratio of 0.51, a current ratio of 0.75 and a debt-to-equity ratio of 0.67. Heineken has a 52 week low of $35.01 and a 52 week high of $46.62.

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.