Royal Bank of Canada Upgrades Heineken (OTCMKTS:HEINY) to "Sector Perform"

Heineken (OTCMKTS:HEINY - Get Free Report) was upgraded by equities researchers at Royal Bank of Canada from an "underperform" rating to a "sector perform" rating in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports.

Separately, Deutsche Bank Aktiengesellschaft downgraded Heineken from a "buy" rating to a "hold" rating in a research note on Wednesday, December 4th.

Heineken Trading Up 0.2 %

Heineken stock traded up $0.08 during trading hours on Wednesday, hitting $41.62. 103,136 shares of the stock traded hands, compared to its average volume of 294,123. The company has a quick ratio of 0.52, a current ratio of 0.78 and a debt-to-equity ratio of 0.62. The firm's 50 day moving average price is $35.45 and its 200-day moving average price is $39.82. Heineken has a 1 year low of $32.77 and a 1 year high of $52.92.

About Heineken

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.