Jefferies Group Weighs in on Carlsberg AS’s FY2017 Earnings (CABGY)
Carlsberg AS (OTC:CABGY) – Equities researchers at Jefferies Group lifted their FY2017 earnings per share (EPS) estimates for shares of Carlsberg AS in a report released on Thursday. Jefferies Group analyst E. Mundy now anticipates that the company will post earnings per share of $1.02 for the year, up from their previous estimate of $1.00. Jefferies Group also issued estimates for Carlsberg AS’s FY2018 earnings at $1.12 EPS, FY2019 earnings at $1.22 EPS and FY2020 earnings at $1.31 EPS.
Separately, Natixis raised shares of Carlsberg AS from a “neutral” rating to a “buy” rating in a research report on Wednesday, March 29th.
Shares of Carlsberg AS (OTC:CABGY) opened at 21.33 on Friday. Carlsberg AS has a one year low of $16.30 and a one year high of $22.19.
Carlsberg AS 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.
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