Heineken NV (OTCMKTS:HEINY) Receives Consensus Rating of “Buy” from Analysts

Shares of Heineken NV (OTCMKTS:HEINY) have earned a consensus recommendation of “Buy” from the seven research firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and three have issued a strong buy rating on the company.

Several research analysts have recently issued reports on the company. UBS Group raised Heineken to a “strong-buy” rating in a research note on Monday, October 27th. BNP Paribas downgraded shares of Heineken from an “outperform” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Heineken in a research note on Tuesday, January 6th.

Heineken Price Performance

HEINY opened at $39.47 on Monday. Heineken has a 12 month low of $33.48 and a 12 month high of $46.62. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.51 and a current ratio of 0.75. The stock’s 50 day moving average price is $40.28 and its 200 day moving average price is $40.49.

Heineken Company Profile

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.