Heineken NV (OTCMKTS:HEINY – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $39.07 and traded as high as $40.2750. Heineken shares last traded at $39.50, with a volume of 56,310 shares.
Analysts Set New Price Targets
Several brokerages recently commented on HEINY. JPMorgan Chase & Co. cut Heineken from an “overweight” rating to a “neutral” rating in a report on Wednesday, May 13th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Heineken in a report on Monday, April 27th. Citigroup reissued a “buy” rating on shares of Heineken in a report on Thursday, February 12th. Dbs Bank cut Heineken from a “moderate buy” rating to a “hold” rating in a report on Thursday, February 12th. Finally, Zacks Research cut Heineken from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Heineken currently has an average rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Heineken
Heineken Trading Down 1.0%
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.
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