Carlsberg A/S (OTCMKTS:CABGY) – Investment analysts at Jefferies Group reduced their FY2018 EPS estimates for shares of Carlsberg A/S in a note issued to investors on Thursday. Jefferies Group analyst E. Mundy now anticipates that the company will earn $1.14 per share for the year, down from their prior estimate of $1.16. Jefferies Group also issued estimates for Carlsberg A/S’s FY2019 earnings at $1.24 EPS and FY2020 earnings at $1.35 EPS.
CABGY has been the subject of a number of other research reports. Zacks Investment Research raised Carlsberg A/S from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Deutsche Bank raised Carlsberg A/S from a “hold” rating to a “buy” rating in a research report on Thursday, January 18th. Finally, Macquarie reissued a “neutral” rating on shares of Carlsberg A/S in a research report on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $28.00.
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.
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