Carlsberg A/S (CABGY) Upgraded to “Buy” at ValuEngine

Carlsberg A/S (OTCMKTS:CABGY) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Monday.

Several other analysts also recently weighed in on CABGY. Zacks Investment Research raised shares of Carlsberg A/S from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Deutsche Bank raised shares of 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. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. Carlsberg A/S has an average rating of “Hold” and a consensus price target of $28.00.

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OTCMKTS:CABGY traded down $0.17 during trading hours on Monday, hitting $23.46. 69,194 shares of the company were exchanged, compared to its average volume of 113,081. The company has a market cap of $14,043.03, a PE ratio of 23.94, a P/E/G ratio of 4.15 and a beta of 1.29. Carlsberg A/S has a 52-week low of $18.43 and a 52-week high of $26.00. The company has a current ratio of 0.61, a quick ratio of 0.46 and a debt-to-equity ratio of 0.47.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Carlsberg A/S (OTCMKTS:CABGY)

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