Carlsberg AS (OTCMKTS:CABGY) Stock Now Rated “Moderate Buy” by Wall Street Analysts

by · The Markets Daily

Shares of Carlsberg AS (OTCMKTS:CABGY – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

CABGY has been the subject of a number of recent research reports. Jefferies Financial Group downgraded 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.

View Our Latest Report on CABGY

Carlsberg AS Trading Up 2.9%

Shares of CABGY stock opened at $27.87 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 12-month low of $23.42 and a 12-month high of $32.16. The firm has a fifty day moving average of $26.95 and a 200-day moving average of $26.92.

About Carlsberg AS

(Get Free Report)

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.

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