Heineken NV (OTCMKTS:HEINY) Given Average Rating of “Strong Buy” by Analysts

Shares of Heineken NV (OTCMKTS:HEINY) have earned a consensus recommendation of “Strong Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company.

Several analysts recently commented on HEINY shares. UBS Group upgraded shares of Heineken to a “strong-buy” rating in a research report on Monday, October 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Heineken from a “hold” rating to a “buy” rating in a research note on Friday, November 28th.

Heineken Trading Up 0.4%

Shares of OTCMKTS HEINY opened at $40.74 on Thursday. Heineken has a twelve month low of $32.77 and a twelve month high of $46.62. The stock has a 50 day moving average of $40.21 and a two-hundred day moving average of $41.11. The company has a current ratio of 0.75, a quick ratio of 0.51 and a debt-to-equity ratio of 0.67.

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.