Heineken (OTCMKTS:HEINY) Lowered to Neutral Rating by JPMorgan Chase & Co.

Heineken (OTCMKTS:HEINYGet Free Report) was downgraded by JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued to investors on Wednesday.

A number of other analysts have also commented on HEINY. Oddo Bhf downgraded Heineken to a “neutral” rating in a research note on Monday, January 26th. Citigroup reissued a “buy” rating on shares of Heineken in a report on Thursday, February 12th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Heineken in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Heineken in a research report on Thursday, February 12th. Finally, Zacks Research cut shares of Heineken from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Heineken currently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on Heineken

Heineken Stock Performance

OTCMKTS:HEINY opened at $38.00 on Wednesday. Heineken has a 52 week low of $37.03 and a 52 week high of $47.63. The company’s 50 day moving average price is $39.63 and its 200-day moving average price is $40.66. The company has a current ratio of 0.93, a quick ratio of 0.69 and a debt-to-equity ratio of 0.79.

About Heineken

(Get Free Report)

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.

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Analyst Recommendations for Heineken (OTCMKTS:HEINY)

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