Heineken (OTCMKTS:HEINY) Given Average Recommendation of “Moderate Buy” by Brokerages

Heineken (OTCMKTS:HEINY – Get Rating) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $111.00.

HEINY has been the topic of several research analyst reports. Barclays upgraded shares of Heineken from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, January 4th. Morgan Stanley upgraded shares of Heineken from an “equal weight” rating to an “overweight” rating in a research note on Friday, January 6th. JPMorgan Chase & Co. lowered shares of Heineken from an “overweight” rating to a “neutral” rating in a research note on Monday, November 28th. Finally, Royal Bank of Canada raised shares of Heineken from an “underperform” rating to a “sector perform” rating in a report on Thursday, January 19th.

Heineken Stock Down 0.5 %

Shares of OTCMKTS:HEINY opened at $51.11 on Wednesday. The company’s fifty day moving average price is $49.35 and its 200 day moving average price is $46.50. Heineken has a 12 month low of $39.94 and a 12 month high of $52.43. The company has a current ratio of 0.82, a quick ratio of 0.60 and a debt-to-equity ratio of 0.60.

Heineken Company Profile

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Heineken NV engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. It offers products under the Heineken, Amstel, Desperados, Sol, Tiger, Birra Moretti, Affligem, Lagunitas, Mort Subite, Strongbow Apple Ciders, Orchard Thieves, Stassen, Bulmers, Old Mout and Blind Pig brands.