Zacks Investment Research upgraded shares of Heineken (OTCMKTS:HEINY) from a sell rating to a hold rating in a research report released on Wednesday morning.

According to Zacks, “Heineken N.V. is engaged in producing and distributing beverages. It offers beer, cider, soft drinks, and other beverages. The Company’s principal global brand is Heineken. Heineken N.V. is headquartered in Amsterdam, the Netherlands. “

Separately, Deutsche Bank downgraded shares of Heineken from a buy rating to a hold rating in a research report on Wednesday, August 15th.

Shares of Heineken stock opened at $44.61 on Wednesday. The stock has a market capitalization of $52.43 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 2.44 and a beta of 0.89. Heineken has a fifty-two week low of $43.52 and a fifty-two week high of $56.95. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.73 and a quick ratio of 0.56.

About Heineken

Heineken N.V. engages in brewing and selling beer and cider. The company operates through Africa, Middle East & Eastern Europe; Americas; Asia Pacific; and Europe segments. It offers beer, cider, soft drinks, and other beverages. The company offers its beers under the Heineken, Amstel, Desperados, Sol, Tiger, Tecate, Red Stripe, Krušovice, Birra Morett, Affligem, and Lagunitas brands, as well as under various other regional and local brands; and cider under the Strongbow Apple Ciders, Orchard Thieves, Stassen, Bulmers, Old Mout, and Blind Pig brands.

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