Heineken (OTCMKTS:HEINY) Upgraded by Royal Bank of Canada to Sector Perform Rating

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

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

Heineken Stock Performance

HEINY opened at $35.21 on Wednesday. Heineken has a twelve month low of $32.77 and a twelve month high of $52.92. The company has a 50-day moving average price of $35.15 and a 200 day moving average price of $39.85. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.52 and a current ratio of 0.78.

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.