Heineken (HEINY) Downgraded by Zacks Investment Research to “Sell”

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Heineken (OTCMKTS:HEINY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Thursday.

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. “

Other research analysts also recently issued research reports about the stock. Deutsche Bank downgraded shares of Heineken from a “buy” rating to a “hold” rating in a report on Wednesday, August 15th. Jefferies Financial Group downgraded shares of Heineken from a “buy” rating to a “hold” rating in a report on Tuesday, July 31st.

HEINY opened at $48.28 on Thursday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.62 and a current ratio of 0.79. Heineken has a 1-year low of $47.97 and a 1-year high of $56.95. The firm has a market cap of $57.02 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 2.36 and a beta of 0.86.

Heineken Company Profile

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

Further Reading: Return on Investment (ROI)

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