Carlsberg AS (CABGY) – What Are Researchers Saying About This Stock?

Carlsberg AS (OTCMKTS:CABGY) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research firms have commented on CABGY. Jefferies Financial Group downgraded Carlsberg AS from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. Barclays upgraded Carlsberg AS from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th.

Carlsberg AS Price Performance

Shares of Carlsberg AS stock opened at $28.08 on Tuesday. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.66 and a quick ratio of 0.51. Carlsberg AS has a fifty-two week low of $23.42 and a fifty-two week high of $32.16. The business has a 50-day moving average price of $26.93 and a 200 day moving average price of $26.93.

About Carlsberg AS

Carlsberg A/S is a Denmark-based brewing company and the parent of the Carlsberg Group. Founded in 1847 by brewer J.C. Jacobsen, the company has grown from its original brewery in Copenhagen into an international beverage business serving consumers across Europe and Asia, as well as other markets worldwide.

The company’s portfolio includes Carlsberg, Tuborg, 1664, Grimbergen, Somersby and other regional and local beer brands. In addition to traditional lager and specialty beers, Carlsberg produces cider, alcohol-free beverages and selected soft drinks.