Royal Unibrew A/S (OTCMKTS:ROYUF) Given Average Rating of “Buy” by Analysts

Royal Unibrew A/S (OTCMKTS:ROYUF) has been given a consensus recommendation of “Buy” by the six analysts that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy recommendation.

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

Royal Unibrew A/S Price Performance

Shares of ROYUF opened at $73.11 on Wednesday. The stock has a 50 day moving average of $73.11 and a 200 day moving average of $73.69. Royal Unibrew A/S has a 12 month low of $73.11 and a 12 month high of $81.09.

Royal Unibrew A/S Company Profile

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.