Heineken (OTCMKTS:HEINY) Given Average Rating of “Hold” by Brokerages
Heineken (OTCMKTS:HEINY) has been assigned a consensus rating of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company.
Several equities analysts have recently weighed in on HEINY shares. Zacks Investment Research cut Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a report on Wednesday, June 26th. Barclays set a €16.80 ($19.53) price objective on Deutsche Telekom and gave the company a “neutral” rating in a report on Tuesday, April 2nd. Finally, Credit Suisse Group reiterated an “underperform” rating on shares of MARKS & SPENCER/S in a report on Wednesday, April 17th.
Shares of OTCMKTS:HEINY traded up $0.29 during trading on Thursday, hitting $56.28. 19,200 shares of the company’s stock traded hands, compared to its average volume of 37,915. Heineken has a 52 week low of $42.76 and a 52 week high of $56.86. The company has a current ratio of 0.87, a quick ratio of 0.68 and a debt-to-equity ratio of 0.81. The firm has a market cap of $64.36 billion, a P/E ratio of 22.42, a price-to-earnings-growth ratio of 2.96 and a beta of 0.73. The firm has a 50-day simple moving average of $55.25.
Heineken N.V. engages in brewing and selling beer and cider. 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, Tiger, Tecate, Red Stripe, Kruovice, Birra Morett, Affligem, Lagunitas, and Mort Subite brands, as well as under various other regional and local brands; and cider under the Strongbow Apple Ciders, Orchard Thieves, Stassen, Bulmers, Old Mout, and Blind Pig brands.
Featured Story: Trading Strategy
Receive News & Ratings for Heineken Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heineken and related companies with MarketBeat.com's FREE daily email newsletter.