CARLSBERG AS/S’s (CABGY) Sell Rating Reaffirmed at UBS Group

UBS Group reiterated their sell rating on shares of CARLSBERG AS/S (OTCMKTS:CABGY) in a research report report published on Thursday, The Fly reports.

Other equities analysts also recently issued research reports about the company. Berenberg Bank upgraded CARLSBERG AS/S from a hold rating to a buy rating in a research note on Tuesday, March 24th. ValuEngine upgraded CARLSBERG AS/S from a sell rating to a hold rating in a research note on Tuesday, March 17th. JPMorgan Chase & Co. upgraded CARLSBERG AS/S from a neutral rating to an overweight rating in a research note on Monday, June 8th. Zacks Investment Research upgraded CARLSBERG AS/S from a hold rating to a buy rating and set a $30.00 price target for the company in a research note on Wednesday, July 1st. Finally, Sanford C. Bernstein upgraded CARLSBERG AS/S from a market perform rating to an outperform rating in a research note on Wednesday, April 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. CARLSBERG AS/S presently has a consensus rating of Buy and an average target price of $30.00.

Shares of CABGY traded down $0.48 during trading hours on Thursday, hitting $26.45. The stock had a trading volume of 41,900 shares, compared to its average volume of 151,111. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.54 and a quick ratio of 0.40. The firm has a 50 day simple moving average of $26.32 and a 200-day simple moving average of $26.36. The firm has a market capitalization of $19.93 billion, a P/E ratio of 21.68 and a beta of 0.83. CARLSBERG AS/S has a 1-year low of $18.49 and a 1-year high of $31.47.

CARLSBERG AS/S Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Western Europe, Eastern Europe, and Asia. The company provides craft and specialty, and non-alcoholic beers; and soft drinks. It offers its products primarily under the Carlsberg, Baltika, Tuborg, birell, Ringnes, and other local brand names.

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Analyst Recommendations for CARLSBERG AS/S (OTCMKTS:CABGY)

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