Heineken (OTCMKTS:HEINY) Upgraded by Zacks Investment Research to Hold

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Zacks Investment Research upgraded shares of Heineken (OTCMKTS:HEINY) from a sell rating to a hold rating in a research note released on Thursday, Zacks.com reports.

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. “

Shares of HEINY stock opened at $53.74 on Thursday. The stock has a market capitalization of $62.42 billion, a PE ratio of 21.41, a price-to-earnings-growth ratio of 3.02 and a beta of 0.70. Heineken has a 52-week low of $42.76 and a 52-week high of $57.84. The stock’s 50-day moving average price is $53.56 and its 200 day moving average price is $53.74. The company has a quick ratio of 0.68, a current ratio of 0.87 and a debt-to-equity ratio of 0.81.

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, Kru?ovice, Birra Morett, Affligem, Lagunitas, and Mort Subite 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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Analyst Recommendations for Heineken (OTCMKTS:HEINY)

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