Heineken (OTCMKTS:HEINY) Receives Consensus Recommendation of “Hold” from Brokerages

Heineken (OTCMKTS:HEINYGet Rating) has been assigned an average rating of “Moderate Buy” from the nine analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $100.29.

A number of research firms have recently commented on HEINY. Credit Suisse Group lowered their target price on Heineken from €123.00 ($126.80) to €105.00 ($108.25) in a research note on Friday, October 28th. Berenberg Bank lowered their target price on Heineken from €109.00 ($112.37) to €105.00 ($108.25) in a research note on Monday, October 31st. Morgan Stanley lowered their price objective on Heineken from €100.00 ($103.09) to €95.00 ($97.94) and set an “equal weight” rating on the stock in a research note on Monday, November 14th. Societe Generale lowered their price objective on Heineken from €125.00 ($128.87) to €120.00 ($123.71) and set a “buy” rating on the stock in a research note on Wednesday, October 5th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Heineken from €116.00 ($119.59) to €114.00 ($117.53) and set a “buy” rating on the stock in a research note on Thursday, October 27th.

Heineken Trading Up 0.4 %

OTCMKTS HEINY opened at $45.43 on Monday. Heineken has a one year low of $39.94 and a one year high of $59.35. The business’s fifty day moving average is $43.67 and its 200-day moving average is $46.14.

About Heineken

(Get Rating)

Heineken N.V. engages in the brewing and selling of beer and cider. It also provides soft drinks and water. It offers its beers under the Heineken, Amstel, Desperados, Sol, Tiger, Birra Moretti, 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, Follow The Fox, Cidrerie Stassen, Bulmers, Old Mout, and Blind Pig brands.

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Analyst Recommendations for Heineken (OTCMKTS:HEINY)

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