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 equities research analysts also recently issued reports on the company. Stifel Nicolaus began coverage on Heineken Nv Spon in a research report on Tuesday, November 22nd. They set a “buy” rating for the company. Sanford C. Bernstein raised Heineken Nv Spon from a “mkt perform” rating to an “outperform” rating in a research report on Friday, October 21st. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Heineken Nv Spon has an average rating of “Buy” and a consensus target price of $49.00.
Heineken Nv Spon (NASDAQ:HEINY) traded up 1.26% on Wednesday, hitting $39.48. The stock had a trading volume of 151,257 shares. The company’s 50 day moving average is $37.67 and its 200 day moving average is $41.09. The firm has a market cap of $22.49 billion and a PE ratio of 15.70. Heineken Nv Spon has a 12-month low of $36.02 and a 12-month high of $47.81.
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