Heineken (OTCMKTS:HEINY) Raised to “Sector Perform” at Royal Bank of Canada

Heineken (OTCMKTS:HEINY) was upgraded by Royal Bank of Canada from an “underperform” rating to a “sector perform” rating in a report released on Wednesday, Marketbeat.com reports.

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

Heineken Stock Up 2.5 %

Shares of HEINY stock opened at $41.54 on Wednesday. The firm’s 50 day moving average price is $35.24 and its two-hundred day moving average price is $39.85. The company has a quick ratio of 0.52, a current ratio of 0.78 and a debt-to-equity ratio of 0.62. Heineken has a 52-week low of $32.77 and a 52-week 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.