Carlsberg AS (CABGY) – What Are Analysts Thinking About This Stock?

Shares of Carlsberg AS (OTCMKTS:CABGY) have been assigned an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of analysts have recently weighed in on the company. Jefferies Financial Group cut Carlsberg AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Barclays upgraded shares of Carlsberg AS from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th.

Carlsberg AS Stock Down 0.7%

Carlsberg AS stock opened at $30.57 on Friday. Carlsberg AS has a 12-month low of $23.42 and a 12-month high of $32.16. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.51 and a current ratio of 0.66. The company has a 50-day moving average price of $27.37 and a 200 day moving average price of $27.47.

Carlsberg AS Company Profile

Carlsberg A/S is a Denmark-based brewing company headquartered in Copenhagen. Founded in 1847 by brewer J.C. Jacobsen, the company has grown into an international beverage group with operations across Europe and Asia. Carlsberg is also associated with the Carlsberg Research Laboratory, established to support advances in brewing science.

The company’s portfolio includes beer, alcohol-free beer, ciders, and other ready-to-drink beverages. Its principal brands include Carlsberg, Tuborg, 1664, Grimbergen, and Somersby, alongside a range of local and regional brands.