Carlsberg A/S (CABGY) Upgraded at Deutsche Bank

Carlsberg A/S (OTCMKTS:CABGY) was upgraded by stock analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday, reports.

Several other equities research analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Carlsberg A/S from a “buy” rating to a “sell” rating in a research note on Tuesday, November 7th. BNP Paribas cut shares of Carlsberg A/S from an “outperform” rating to a “neutral” rating in a research report on Thursday, September 21st. One research analyst has rated the stock with a sell rating, three 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 target price of $28.00.

Carlsberg A/S (OTCMKTS:CABGY) traded up $0.13 on Thursday, reaching $25.00. 72,289 shares of the company traded hands, compared to its average volume of 183,645. Carlsberg A/S has a 52-week low of $17.21 and a 52-week high of $25.02. The company has a current ratio of 0.56, a quick ratio of 0.44 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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