Royal Bank of Canada Upgrades Heineken (OTCMKTS:HEINY) to Outperform

Heineken (OTCMKTS:HEINY) was upgraded by equities researchers at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research note issued on Friday,Briefing.com Automated Import reports.

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

Heineken Trading Down 2.0 %

OTCMKTS HEINY opened at $42.12 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.78 and a quick ratio of 0.52. The company’s 50 day moving average is $37.88 and its 200-day moving average is $39.62. Heineken has a 12-month low of $32.77 and a 12-month high of $52.92.

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.