Carlsberg AS (CABGY) – What Are Brokerages Saying About This Stock?

Carlsberg AS (OTCMKTS:CABGY) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

Several research analysts have issued reports on the stock. Barclays raised shares of Carlsberg AS from a “strong sell” rating to a “hold” rating in a research report on Monday, October 12th. Jefferies Financial Group lowered shares of Carlsberg AS from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th.

Carlsberg AS Stock Up 1.5%

Shares of Carlsberg AS stock opened at $28.48 on Tuesday. The firm’s fifty day simple moving average is $26.92 and its 200-day simple moving average is $26.97. Carlsberg AS has a 12 month low of $23.42 and a 12 month high of $32.16. The company has a quick ratio of 0.51, a current ratio of 0.66 and a debt-to-equity ratio of 1.14.

About Carlsberg AS

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.