Heineken (OTCMKTS:HEINY) Stock Rating Upgraded by Royal Bank of Canada

Royal Bank of Canada upgraded shares of Heineken (OTCMKTS:HEINY - Free Report) from a sector perform rating to an outperform rating in a research note released on Friday, Marketbeat reports.

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

Heineken Price Performance

HEINY stock traded down $0.44 during midday trading on Friday, reaching $42.75. 52,618 shares of the company's stock traded hands, compared to its average volume of 224,993. The company has a current ratio of 0.78, a quick ratio of 0.52 and a debt-to-equity ratio of 0.62. Heineken has a fifty-two week low of $32.77 and a fifty-two week high of $52.92. The business has a 50-day moving average price of $38.20 and a two-hundred day moving average price of $39.51.

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.