Heineken (OTCMKTS:HEINY) Upgraded at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Heineken (OTCMKTS:HEINY) from a sector perform rating to an outperform rating in a research note published on Friday, MarketBeat reports.

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

Heineken Stock Performance

HEINY stock opened at $42.86 on Friday. The firm’s 50-day moving average is $38.04 and its 200 day moving average is $39.53. Heineken has a 12 month low of $32.77 and a 12 month high of $52.92. The company has a quick ratio of 0.52, a current ratio of 0.78 and a debt-to-equity ratio of 0.62.

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.