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.
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.
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