Carlsberg AS (OTCMKTS:CABGY) Upgraded at UBS Group

UBS Group upgraded shares of Carlsberg AS (OTCMKTS:CABGY) from a neutral rating to a buy rating in a report released on Wednesday morning, MarketBeat reports.

Separately, Zacks Research downgraded shares of Carlsberg AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Carlsberg AS Stock Down 0.2%

CABGY opened at $25.33 on Wednesday. The company has a 50 day moving average of $24.22 and a two-hundred day moving average of $25.71. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 2.41. Carlsberg AS has a 52-week low of $18.21 and a 52-week high of $30.22.

Carlsberg AS 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.