Heineken (OTCMKTS:HEINY) Upgraded by Hsbc Global Res to Strong-Buy Rating

Hsbc Global Res upgraded shares of Heineken (OTCMKTS:HEINY) to a strong-buy rating in a research note released on Wednesday morning,Zacks.com reports.

Other analysts have also issued research reports about the stock. HSBC raised shares of Heineken from a “hold” rating to a “buy” rating in a research report on Wednesday. Berenberg Bank raised shares of Heineken to a “strong-buy” rating in a research report on Wednesday, April 2nd. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

Heineken Trading Down 1.0%

Shares of OTCMKTS HEINY opened at $41.51 on Wednesday. Heineken has a twelve month low of $32.77 and a twelve month high of $46.62. The firm has a fifty day simple moving average of $44.27 and a 200 day simple moving average of $41.94. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.77 and a quick ratio of 0.51.

Heineken Company Profile

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, Eastern Europe, and the Asia Pacific. The company provides soft drinks and water. It offers its beers under the Heineken, Heineken Light, Orchard Thieves, Orchard Thieves Light, Birra Moretti, Coors, Murphy's and Beamish Stouts, Desperados, Tiger, Sol, and Foster's brand, as well as under regional and local brands.