Zacks Investment Research Downgrades HEINEKEN NV SPON ADR EACH REP 1/2 (HEINY) to Hold
HEINEKEN NV SPON ADR EACH REP 1/2 (NASDAQ:HEINY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday.
According to Zacks, “Heineken N.V. is engaged in producing and distributing beverages. It offers beer, cider, soft drinks, and other beverages. The Company’s principal global brand is Heineken. Heineken N.V. is headquartered in Amsterdam, the Netherlands. “
Several other equities analysts have also recently commented on the company. Jefferies Group began coverage on HEINEKEN NV SPON ADR EACH REP 1/2 in a research note on Tuesday, September 13th. They set a “hold” rating for the company. Liberum Capital reiterated a “buy” rating on shares of HEINEKEN NV SPON ADR EACH REP 1/2 in a research note on Monday.
Shares of HEINEKEN NV SPON ADR EACH REP 1/2 (NASDAQ:HEINY) opened at 43.855 on Wednesday. The company’s 50-day moving average is $44.36 and its 200 day moving average is $45.40. The firm has a market capitalization of $24.99 billion and a PE ratio of 16.732. HEINEKEN NV SPON ADR EACH REP 1/2 has a 52-week low of $40.01 and a 52-week high of $47.81.
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