Heineken NV (OTCMKTS:HEINY) Given Average Rating of “Buy” by Analysts

Shares of Heineken NV (OTCMKTS:HEINY) have been given an average rating of “Buy” by the seven analysts that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and three have issued a strong buy recommendation on the company.

HEINY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Heineken in a research report on Tuesday, January 6th. UBS Group upgraded shares of Heineken to a “strong-buy” rating in a research note on Monday, October 27th. Oddo Bhf cut shares of Heineken to a “neutral” rating in a research report on Monday, January 26th. Finally, BNP Paribas Exane lowered shares of Heineken from an “outperform” rating to a “hold” rating in a research report on Monday, January 12th.

Heineken Price Performance

Shares of HEINY opened at $43.60 on Friday. The firm has a 50 day simple moving average of $40.47 and a two-hundred day simple moving average of $40.10. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.51 and a current ratio of 0.75. Heineken has a one year low of $34.93 and a one year high of $46.62.

About Heineken

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.