Heineken (OTCMKTS:HEINY) Downgraded to Hold Rating by Deutsche Bank Aktiengesellschaft

Heineken (OTCMKTS:HEINY) was downgraded by Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, Marketbeat Ratings reports.

Heineken Stock Down 0.3 %

Shares of HEINY opened at $36.03 on Wednesday. The business’s 50 day moving average is $40.26 and its two-hundred day moving average is $44.83. Heineken has a 52-week low of $35.96 and a 52-week high of $52.92.

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.