Royal Bank of Canada Upgrades Heineken (OTCMKTS:HEINY) to Sector Perform

Royal Bank of Canada upgraded shares of Heineken (OTCMKTS:HEINY) from an underperform rating to a sector perform rating in a research note issued to investors on Wednesday, Marketbeat Ratings reports.

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

Heineken Stock Performance

Heineken stock opened at $40.53 on Wednesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.78 and a quick ratio of 0.52. The company’s 50-day moving average price is $35.15 and its two-hundred day moving average price is $39.85. 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.