Heineken NV (OTCMKTS:HEINY) Cut to “Sell” at Zacks Investment Research

Zacks Investment Research lowered shares of Heineken NV (OTCMKTS:HEINY) from a hold rating to a sell rating in a report issued on Monday, October 9th.

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. “

Separately, Stifel Nicolaus reiterated a hold rating on shares of Heineken NV in a research report on Friday, June 23rd.

Shares of Heineken NV (OTCMKTS HEINY) opened at 51.14 on Monday. The stock has a 50 day moving average price of $50.87 and a 200 day moving average price of $49.00. The company has a market capitalization of $29.15 billion, a PE ratio of 13.30 and a beta of 0.89. Heineken NV has a one year low of $36.02 and a one year high of $53.35.

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Heineken NV Company Profile

Heineken N.V. engages in brewing and selling beer. 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, Affligem, Tiger, Tecate, Krusovice, and Red Stripe brands, as well as under various other regional and local brands; and cider under the Strongbow Apple Ciders, Blind Pig, Stassen, Bulmers, Old Mout, and Orchard Thieves brands.

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