Heineken NV (OTCMKTS:HEINY – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $40.98 and traded as low as $39.3910. Heineken shares last traded at $39.4650, with a volume of 99,561 shares.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on HEINY shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Heineken in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Heineken in a research note on Wednesday, September 16th. Finally, Barclays restated an “overweight” rating on shares of Heineken in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Heineken currently has an average rating of “Hold”.
Read Our Latest Report on HEINY
Heineken Stock Performance
Heineken Company Profile
Heineken N.V. is a Netherlands-based brewing company with roots dating to 1864, when Gerard Adriaan Heineken acquired a brewery in Amsterdam. The company has grown into one of the world’s major brewers and operates a broad portfolio of international, regional and local beverage brands.
Its flagship Heineken brand is sold globally, alongside brands such as Amstel, Birra Moretti, Desperados, Sol and Tiger. Heineken also produces cider, including Strongbow in selected markets, as well as non-alcoholic and low-alcohol beverages such as Heineken 0.0.
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