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Heineken (HEINY) Upgraded by Zacks Investment Research to Hold

Posted by Lisa Pomrenke on Dec 29th, 2018 // No Comments

Zacks Investment Research upgraded shares of Heineken (OTCMKTS:HEINY) from a sell rating to a hold rating in a research report sent to investors on Wednesday.

According to Zacks, “Heineken N.V. is engaged in producing and distributing beverages. It offers beer, cider, soft drinks, and other beverages. The Company’s principal global brand is Heineken. Heineken N.V. is headquartered in Amsterdam, the Netherlands. “ Get Heineken alerts:

Shares of OTCMKTS HEINY opened at $43.75 on Wednesday. Heineken has a 1-year low of $42.93 and a 1-year high of $56.95. The company has a current ratio of 0.73, a quick ratio of 0.56 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $50.00 billion, a price-to-earnings ratio of 19.62, a P/E/G ratio of 2.33 and a beta of 0.89. Heineken Company Profile

Heineken N.V. engages in brewing and selling beer and cider. The company operates through Africa, Middle East & Eastern Europe; Americas; Asia Pacific; and Europe segments. It offers beer, cider, soft drinks, and other beverages. The company offers its beers under the Heineken, Amstel, Desperados, Sol, Tiger, Tecate, Red Stripe, Krušovice, Birra Morett, Affligem, and Lagunitas brands, as well as under various other regional and local brands; and cider under the Strongbow Apple Ciders, Orchard Thieves, Stassen, Bulmers, Old Mout, and Blind Pig brands.

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