Carlsberg A/S (OTCMKTS:CABGY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Carlsberg A/S (OTCMKTS:CABGY) have earned a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

CABGY has been the subject of a number of research reports. BNP Paribas upgraded shares of Carlsberg A/S from a “neutral” rating to an “outperform” rating in a research note on Friday, January 12th. UBS Group raised shares of Carlsberg A/S from a “sell” rating to a “neutral” rating in a report on Monday, February 12th.

Carlsberg A/S Stock Down 1.6 %

Shares of CABGY opened at $26.98 on Friday. Carlsberg A/S has a 52 week low of $23.32 and a 52 week high of $33.70. The business’s 50 day moving average price is $27.08 and its 200-day moving average price is $25.80. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.64 and a quick ratio of 0.52.

Carlsberg A/S Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 21st. Shareholders of record on Wednesday, March 13th were issued a $0.5255 dividend. This is a positive change from Carlsberg A/S’s previous dividend of $0.53. The ex-dividend date of this dividend was Tuesday, March 12th.

Carlsberg A/S Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.