Heineken (OTCMKTS:HEINY) Upgraded at Zacks Research

Heineken (OTCMKTS:HEINY) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

Several other research firms have also issued reports on HEINY. BNP Paribas Exane lowered shares of Heineken from an “outperform” rating to a “hold” rating in a research report on Monday, January 12th. Oddo Bhf cut shares of Heineken to a “neutral” rating in a research report on Monday, January 26th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Heineken in a research report on Thursday, February 12th. Dbs Bank cut Heineken from a “moderate buy” rating to a “hold” rating in a research note on Thursday, February 12th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Heineken in a research note on Thursday, February 12th. Four investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Heineken Trading Up 1.1%

HEINY opened at $46.22 on Thursday. Heineken has a 1 year low of $38.00 and a 1 year high of $47.63. The firm has a 50 day moving average price of $42.06 and a 200 day moving average price of $40.61. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.51.

Heineken Company Profile

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.