Carlsberg A/S (CABGY) Given Consensus Recommendation of “Hold” by Analysts

Carlsberg A/S (OTCMKTS:CABGY) has earned an average recommendation of “Hold” from the seven ratings firms that are covering the stock, reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company.

Several analysts have weighed in on CABGY shares. Deutsche Bank upgraded shares of Carlsberg A/S from a “hold” rating to a “buy” rating in a research note on Thursday, January 18th. Macquarie reiterated a “neutral” rating on shares of Carlsberg A/S in a research note on Wednesday, January 24th. Finally, Zacks Investment Research cut shares of Carlsberg A/S from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th.

Shares of Carlsberg A/S (OTCMKTS CABGY) traded down $0.30 during trading on Friday, reaching $24.15. 49,298 shares of the company’s stock traded hands, compared to its average volume of 127,302. Carlsberg A/S has a twelve month low of $17.47 and a twelve month high of $26.00. The company has a quick ratio of 0.44, a current ratio of 0.56 and a debt-to-equity ratio of 0.40.

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Carlsberg A/S Company Profile

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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