Heineken NV (OTCMKTS:HEINY) Given Consensus Rating of “Hold” by Brokerages

Heineken NV (OTCMKTS:HEINY) has earned an average rating of “Hold” from the nine research firms that are currently covering the firm, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company.

Several equities research analysts have commented on HEINY shares. JPMorgan Chase & Co. lowered shares of Heineken from an “overweight” rating to a “neutral” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft lowered Heineken from a “buy” rating to a “hold” rating in a research note on Thursday, May 28th. Zacks Research downgraded Heineken from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Heineken in a report on Monday, April 27th.

Heineken Stock Performance

Shares of Heineken stock opened at $45.93 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. The firm has a fifty day moving average price of $41.79 and a 200 day moving average price of $41.13. Heineken has a 1 year low of $37.03 and a 1 year high of $47.63.

Heineken Company Profile

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.