Carlsberg AS (OTCMKTS:CABGY) Stock Rated “Moderate Buy” by Sell-Side Analysts

Carlsberg AS (OTCMKTS:CABGY) has earned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

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

Carlsberg AS Price Performance

Carlsberg AS stock opened at $30.57 on Friday. 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 stock’s 50 day moving average price is $27.37 and its 200 day moving average price is $27.47. Carlsberg AS has a 1-year low of $23.42 and a 1-year high of $32.16.

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.