Carlsberg A/S (OTCMKTS:CABGY) Upgraded to “Buy” at Deutsche Bank

Carlsberg A/S (OTCMKTS:CABGY) was upgraded by research analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a report released on Thursday, January 18th, MarketBeat Ratings reports.

A number of other analysts have also issued reports on the company. Zacks Investment Research upgraded Carlsberg A/S from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a report on Monday, September 25th. BNP Paribas lowered Carlsberg A/S from an “outperform” rating to a “neutral” rating in a report on Thursday, September 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. Carlsberg A/S has an average rating of “Hold” and an average price target of $28.00.

Shares of Carlsberg A/S (CABGY) opened at $23.11 on Thursday. Carlsberg A/S has a 52-week low of $17.21 and a 52-week high of $26.00. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.44 and a current ratio of 0.56.

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About Carlsberg A/S

Carlsberg A/S is a Denmark-based company active within the brewing industry. It is primarily engaged in the production, marketing and sale of beer and soft drinks. The Company’s portfolio consists of a range of beer and cider brands, including Carlsberg, Kronenbourg, Baltika, Somersby, Holsten, Tuborg, Lav and Lvivske, among others.

Analyst Recommendations for Carlsberg A/S (OTCMKTS:CABGY)

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