Carlsberg AS (OTCMKTS:CABGY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Carlsberg AS (OTCMKTS:CABGY) has been given a consensus recommendation of “Moderate Buy” by the five brokerages that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

CABGY has been the topic of a number of research reports. UBS Group raised shares of Carlsberg AS from a “neutral” rating to a “buy” rating in a report on Wednesday, December 3rd. Zacks Research cut shares of Carlsberg AS from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th.

Carlsberg AS Stock Down 0.2%

CABGY stock opened at $25.33 on Wednesday. The stock’s 50 day simple moving average is $24.22 and its 200 day simple moving average is $25.67. Carlsberg AS has a 12-month low of $18.21 and a 12-month high of $30.22. The company has a debt-to-equity ratio of 2.41, a current ratio of 0.70 and a quick ratio of 0.54.

Carlsberg AS Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.