Zacks Investment Research upgraded shares of Heineken (OTCMKTS:HEINY) from a sell rating to a hold rating in a research note issued to investors on Thursday, reports.

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. “

OTCMKTS:HEINY traded down $0.46 during mid-day trading on Thursday, reaching $53.73. The company’s stock had a trading volume of 4,285 shares, compared to its average volume of 29,320. Heineken has a 12-month low of $42.76 and a 12-month high of $57.84. The firm’s fifty day moving average price is $53.62 and its two-hundred day moving average price is $53.72. 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 stock has a market cap of $61.90 billion, a P/E ratio of 21.41, a PEG ratio of 2.96 and a beta of 0.70.

Heineken Company Profile

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, KruĀšovice, 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.

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Analyst Recommendations for Heineken (OTCMKTS:HEINY)

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