Heineken (HEINY) Stock Rating Upgraded by Zacks Investment Research

Heineken (OTCMKTS:HEINY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Wednesday.

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, Deutsche Bank downgraded shares of Heineken from a “buy” rating to a “hold” rating in a report on Wednesday, August 15th.

Shares of OTCMKTS HEINY opened at $44.60 on Wednesday. Heineken has a 12-month low of $43.52 and a 12-month high of $56.95. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.56 and a current ratio of 0.73.

About Heineken

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, and Lagunitas 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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