Heineken (OTCMKTS:HEINY) Stock Rating Lowered by Dbs Bank

Heineken (OTCMKTS:HEINYGet Free Report) was downgraded by equities research analysts at Dbs Bank from a “moderate buy” rating to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Several other equities research analysts have also issued reports on HEINY. BNP Paribas Exane lowered shares of Heineken from an “outperform” rating to a “hold” rating in a research note on Monday, January 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Heineken in a report on Thursday. Citigroup restated a “buy” rating on shares of Heineken in a research note on Thursday. UBS Group raised Heineken to a “strong-buy” rating in a research report on Monday, October 27th. Finally, Oddo Bhf lowered Heineken to a “neutral” rating in a report on Monday, January 26th. Three research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on HEINY

Heineken Stock Performance

OTCMKTS HEINY opened at $46.31 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.51 and a current ratio of 0.75. Heineken has a 52-week low of $38.00 and a 52-week high of $47.63. The company has a 50-day simple moving average of $40.98 and a 200 day simple moving average of $40.21.

About Heineken

(Get Free Report)

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.

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Analyst Recommendations for Heineken (OTCMKTS:HEINY)

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