Heineken NV (HEINY) Rating Lowered to Hold at Zacks Investment Research
Zacks Investment Research downgraded shares of Heineken NV (OTCMKTS:HEINY) from a buy rating to a hold rating in a report published on Friday.
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. “
Separately, Stifel Nicolaus restated a hold rating on shares of Heineken NV in a report on Friday, June 23rd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Heineken NV presently has an average rating of Buy and a consensus target price of $59.00.
Heineken NV (OTCMKTS HEINY) opened at 51.50 on Friday. The firm has a 50-day moving average of $51.90 and a 200 day moving average of $47.78. Heineken NV has a 52 week low of $36.02 and a 52 week high of $53.35. The stock has a market capitalization of $29.35 billion, a price-to-earnings ratio of 13.45 and a beta of 0.92.
TRADEMARK VIOLATION WARNING: This piece of content was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/09/19/heineken-nv-heiny-rating-lowered-to-hold-at-zacks-investment-research.html.
Heineken NV Company Profile
Heineken N.V. engages in brewing and selling beer. The company operates through Africa, Middle East & Eastern Europe; Americas; Asia Pacific; and Europe segments. It offers beer, cider, soft drinks, and other beverages. The company offers its beers under the Heineken, Amstel, Desperados, Sol, Affligem, Tiger, Tecate, Krusovice, and Red Stripe brands, as well as under various other regional and local brands; and cider under the Strongbow Apple Ciders, Blind Pig, Stassen, Bulmers, Old Mout, and Orchard Thieves brands.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Stock Ratings for Heineken NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heineken NV and related stocks with our FREE daily email newsletter.