Heineken NV (OTCMKTS:HEINY) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Heineken NV (OTCMKTS:HEINY) have received an average rating of “Buy” from the six research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and three have given a strong buy recommendation to the company.

A number of analysts recently weighed in on the company. Hsbc Global Res upgraded Heineken to a “strong-buy” rating in a research note on Wednesday, July 30th. HSBC upgraded Heineken from a “hold” rating to a “buy” rating in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Heineken in a report on Monday. Finally, UBS Group raised Heineken to a “strong-buy” rating in a report on Monday, October 27th.

Heineken Price Performance

OTCMKTS:HEINY opened at $38.81 on Wednesday. The stock’s 50 day simple moving average is $39.41 and its 200-day simple moving average is $42.09. Heineken has a 12-month low of $32.77 and a 12-month high of $46.62.

Heineken Company Profile

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, Eastern Europe, and the Asia Pacific. The company provides soft drinks and water. It offers its beers under the Heineken, Heineken Light, Orchard Thieves, Orchard Thieves Light, Birra Moretti, Coors, Murphy's and Beamish Stouts, Desperados, Tiger, Sol, and Foster's brand, as well as under regional and local brands.