Heineken NV (OTCMKTS:HEINY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Heineken NV (OTCMKTS:HEINY) have been given an average rating of “Moderate Buy” by the nine brokerages that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company.

HEINY has been the subject of several recent analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Heineken in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Heineken in a research report on Thursday, February 12th. BNP Paribas Exane downgraded shares of Heineken from an “outperform” rating to a “hold” rating in a report on Monday, January 12th. Citigroup reiterated a “buy” rating on shares of Heineken in a research report on Thursday, February 12th. Finally, Dbs Bank downgraded shares of Heineken from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 12th.

Heineken Price Performance

HEINY opened at $39.12 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.93 and a quick ratio of 0.69. Heineken has a 52-week low of $37.03 and a 52-week high of $47.63. The business’s fifty day moving average is $42.11 and its 200-day moving average is $40.63.

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.