Carlsberg A/S (CABGY) Receives Average Recommendation of “Hold” from Brokerages

Carlsberg A/S (OTCMKTS:CABGY) has been given an average recommendation of “Hold” by the seven ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company.

CABGY has been the subject of several recent research reports. Zacks Investment Research downgraded shares of Carlsberg A/S from a “buy” rating to a “sell” rating in a research report on Tuesday, November 7th. Deutsche Bank raised shares of Carlsberg A/S from a “hold” rating to a “buy” rating in a report on Thursday, January 18th. Finally, Macquarie reaffirmed a “neutral” rating on shares of Carlsberg A/S in a report on Wednesday, January 24th.

Shares of Carlsberg A/S (OTCMKTS:CABGY) opened at $23.11 on Monday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.56 and a quick ratio of 0.44. Carlsberg A/S has a 1 year low of $17.21 and a 1 year high of $26.00.

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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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