Heineken Nv Spon (NASDAQ:HEINY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued 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. “
A number of other research analysts have also recently commented on the company. Sanford C. Bernstein raised Heineken Nv Spon from a “mkt perform” rating to an “outperform” rating in a research note on Friday, October 21st. Stifel Nicolaus started coverage on Heineken Nv Spon in a research note on Tuesday, November 22nd. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Heineken Nv Spon presently has a consensus rating of “Buy” and an average price target of $49.00.
Heineken Nv Spon (NASDAQ:HEINY) traded up 1.26% on Wednesday, reaching $39.48. The company had a trading volume of 151,257 shares. The company has a market capitalization of $22.49 billion and a P/E ratio of 15.70. Heineken Nv Spon has a 52 week low of $36.02 and a 52 week high of $47.81. The stock’s 50-day moving average is $37.67 and its 200-day moving average is $41.09.
Get a free copy of the Zacks research report on Heineken Nv Spon (HEINY)
For more information about research offerings from Zacks Investment Research, visit Zacks.com