Jefferies Group Upgrades Heineken (HEINY) to “Buy”

Heineken (OTCMKTS:HEINY) was upgraded by analysts at Jefferies Group from a “hold” rating to a “buy” rating in a research report issued on Thursday.

Separately, Zacks Investment Research raised Heineken from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a research note on Monday, September 18th.

Heineken (HEINY) opened at $53.46 on Thursday. Heineken has a 52 week low of $36.82 and a 52 week high of $53.66.

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About Heineken

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

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