Carlsberg AS (OTCMKTS:CABGY – Get Free Report)’s stock price was up 0.7% during mid-day trading on Tuesday. The company traded as high as $26.01 and last traded at $25.89. 43,709 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 36,981 shares. The stock had previously closed at $25.71.
Analyst Ratings Changes
Separately, Jefferies Financial Group lowered Carlsberg AS from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
Read Our Latest Research Report on CABGY
Carlsberg AS Price Performance
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.
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