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

Shares of Heineken NV (OTCMKTS:HEINY) have received a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the company, Marketbeat reports. Seven equities research 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.

Several research firms have recently weighed in on HEINY. Deutsche Bank Aktiengesellschaft lowered shares of Heineken from a “buy” rating to a “hold” rating in a research note on Thursday, May 28th. Citigroup restated a “buy” rating on shares of Heineken in a research note on Thursday, February 12th. Dbs Bank lowered shares of Heineken from a “moderate buy” rating to a “hold” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. lowered shares of Heineken from an “overweight” rating to a “neutral” rating in a research note on Wednesday, May 13th. Finally, Zacks Research lowered shares of Heineken from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th.

Heineken Trading Up 0.9%

OTCMKTS:HEINY opened at $40.09 on Thursday. The company has a fifty day moving average of $39.16 and a 200-day moving average of $40.52. The company has a current ratio of 0.93, a quick ratio of 0.69 and a debt-to-equity ratio of 0.79. Heineken has a twelve month low of $37.03 and a twelve month high of $47.63.

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.