Heineken (OTCMKTS:HEINY) Downgraded by Zacks Investment Research

Zacks Investment Research lowered shares of Heineken (OTCMKTS:HEINY) from a hold rating to a sell rating in a research report report published on Saturday, Zacks.com reports.

According to Zacks, “Heineken N.V. is engaged in producing and distributing beverages. It offers beer, cider, soft drinks, and other beverages. The Company’s principal global brand is Heineken. Heineken N.V. is headquartered in Amsterdam, the Netherlands. “

Separately, Credit Suisse Group upgraded shares of Heineken from an underperform rating to a neutral rating in a report on Wednesday, April 17th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The company has an average rating of Hold and a consensus target price of $59.00.

Shares of HEINY opened at $52.99 on Friday. Heineken has a fifty-two week low of $42.76 and a fifty-two week high of $57.84. The business’s 50 day simple moving average is $55.40. The stock has a market cap of $61.04 billion, a P/E ratio of 21.11, a P/E/G ratio of 2.88 and a beta of 0.72. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.68 and a current ratio of 0.87.

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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