Heineken NV (OTCMKTS:HEINY) Given Consensus Recommendation of “Buy” by Analysts

Heineken NV (OTCMKTS:HEINY) has been assigned a consensus rating of “Buy” from the eight analysts that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the company.

HEINY has been the subject of a number of recent research reports. Oddo Bhf lowered Heineken to a “neutral” rating in a report on Monday, January 26th. UBS Group raised Heineken to a “strong-buy” rating in a research report on Monday, October 27th. Citigroup reiterated a “buy” rating on shares of Heineken in a research note on Thursday. BNP Paribas Exane downgraded Heineken from an “outperform” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Heineken in a report on Thursday.

Heineken Stock Performance

Shares of HEINY stock opened at $47.53 on Friday. The firm has a 50 day moving average of $40.86 and a two-hundred day moving average of $40.18. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.51. Heineken has a 52 week low of $38.00 and a 52 week high of $47.63.

About Heineken

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.