Royal Unibrew A/S (ROYUF) to Release Earnings on Monday

Royal Unibrew A/S (OTCMKTS:ROYUF) will likely be posting its results before the market opens on Monday, August 17th. Analysts expect Royal Unibrew A/S to announce earnings of $1.71 per share and revenue of $668.46 million for the quarter.

Royal Unibrew A/S Stock Performance

OTCMKTS:ROYUF opened at $70.00 on Monday. The stock’s fifty day moving average is $67.36 and its 200 day moving average is $69.63. Royal Unibrew A/S has a fifty-two week low of $63.25 and a fifty-two week high of $70.00.

Analyst Ratings Changes

A number of research firms have weighed in on ROYUF. Deutsche Bank Aktiengesellschaft cut shares of Royal Unibrew A/S from a “buy” rating to a “hold” rating in a research report on Tuesday, April 21st. The Goldman Sachs Group downgraded shares of Royal Unibrew A/S from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 21st. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

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.