Heineken (OTCMKTS:HEINY) Rating Increased to Sector Perform at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Heineken (OTCMKTS:HEINY) from an underperform rating to a sector perform rating in a research note released on Wednesday morning, Marketbeat reports.

Separately, Deutsche Bank Aktiengesellschaft cut shares of Heineken from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th.

Heineken Price Performance

Heineken stock opened at $40.53 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.52 and a current ratio of 0.78. Heineken has a 1 year low of $32.77 and a 1 year high of $52.92. The firm’s 50-day moving average is $35.15 and its 200-day moving average is $39.85.

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.