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

Royal Bank of Canada upgraded shares of Heineken (OTCMKTS:HEINY) from a sector perform rating to an outperform rating in a research report report published on Friday, MarketBeat Ratings reports.

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

Heineken Stock Up 1.8 %

Shares of OTCMKTS HEINY opened at $42.86 on Friday. Heineken has a 12-month low of $32.77 and a 12-month high of $52.92. The company’s fifty day simple moving average is $38.04 and its 200 day simple moving average is $39.61. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.78 and a quick ratio of 0.52.

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.