Carlsberg AS (CABGY) – What Are Researchers Saying About This Stock?

Carlsberg AS (OTCMKTS:CABGY) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group downgraded Carlsberg AS from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. Barclays raised Carlsberg AS from a “strong sell” rating to a “hold” rating in a research report on Monday, October 12th.

Carlsberg AS Trading Down 1.8%

Shares of OTCMKTS CABGY opened at $30.14 on Friday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.51 and a current ratio of 0.66. The stock’s 50 day moving average price is $27.56 and its two-hundred day moving average price is $27.53. Carlsberg AS has a 52-week low of $23.42 and a 52-week high of $32.16.

Carlsberg AS Company Profile

Carlsberg A/S is a Danish brewing and beverage company founded in 1847 by brewer J.C. Jacobsen. The company is headquartered in Copenhagen and produces, markets and sells beer and other beverages. Its portfolio includes Carlsberg, Tuborg, 1664 Blanc and Grimbergen, as well as alcohol-free beers and other beverage products. Carlsberg serves consumers across Europe and Asia and in other markets worldwide through its own operations, subsidiaries and distribution partners. Jacob Aarup-Andersen became Carlsberg’s chief executive officer in 2023.