Heineken (HEINY) Receives Consensus Recommendation of “Hold” from Brokerages

Heineken (OTCMKTS:HEINY) has been assigned a consensus recommendation of “Hold” from the seven analysts that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company.

A number of equities research analysts have issued reports on the company. Zacks Investment Research raised Heineken from a “sell” rating to a “hold” rating in a research report on Saturday, May 11th. Credit Suisse Group upgraded Heineken from an “underperform” rating to a “neutral” rating in a report on Wednesday, April 17th. Barclays assumed coverage on Heineken in a report on Tuesday, April 2nd. They set an “overweight” rating for the company. Finally, Royal Bank of Canada reiterated a “sector perform” rating on shares of Heineken in a report on Monday, March 4th.

Shares of Heineken stock opened at $54.91 on Wednesday. The company has a market cap of $63.28 billion, a price-to-earnings ratio of 21.88, a P/E/G ratio of 3.59 and a beta of 0.73. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.87 and a quick ratio of 0.68. Heineken has a 12-month low of $42.76 and a 12-month high of $54.93.

The firm also recently declared a Semi-Annual dividend, which was paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th were issued a dividend of $0.469 per share. The ex-dividend date of this dividend was Monday, April 29th. This is a positive change from Heineken’s previous Semi-Annual dividend of $0.27. Heineken’s payout ratio is 36.65%.

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, Krušovice, 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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