Heineken NV (OTCMKTS:HEINY – Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $40.52 and traded as low as $38.40. Heineken shares last traded at $38.42, with a volume of 251,648 shares trading hands.
Analyst Ratings Changes
A number of analysts recently issued reports on HEINY shares. Citigroup reissued a “buy” rating on shares of Heineken in a research report on Thursday, February 12th. JPMorgan Chase & Co. cut Heineken from an “overweight” rating to a “neutral” rating in a research report on Wednesday, May 13th. Dbs Bank cut Heineken from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft cut Heineken from a “buy” rating to a “hold” rating in a research report on Thursday, May 28th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Heineken in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Heineken has an average rating of “Moderate Buy”.
Read Our Latest Report on HEINY
Heineken Stock Up 1.2%
Heineken Company Profile
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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