Royal Unibrew A/S (OTCMKTS:ROYUF) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Royal Unibrew A/S (OTCMKTS:ROYUF) have earned a consensus rating of “Buy” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation.

Several research firms recently issued reports on ROYUF. Morgan Stanley reissued an “overweight” rating on shares of Royal Unibrew A/S in a research note on Friday, November 14th. Sanford C. Bernstein began coverage on shares of Royal Unibrew A/S in a research report on Friday, November 21st. They set an “outperform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Royal Unibrew A/S in a research note on Friday, November 28th.

Royal Unibrew A/S Stock Performance

ROYUF opened at $73.11 on Friday. Royal Unibrew A/S has a 52 week low of $73.11 and a 52 week high of $81.09. The business has a fifty day simple moving average of $73.11 and a 200-day simple moving average of $74.03.

About Royal Unibrew A/S

Royal Unibrew A/S is a Denmark-based brewing and beverage group with its origins in the 1989 merger of regional breweries. Over the decades the company has built a diversified product portfolio encompassing beer, malt beverages, soft drinks, cider and water. Key beer brands include Royal, Faxe and Ceres, while its soft drink range features Faxe Kondi alongside a variety of flavored waters and energy drinks.

In beer, Royal Unibrew produces both traditional lagers and specialty craft-style brews.