Carlsberg A/S (OTCMKTS:CABGY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Carlsberg A/S (OTCMKTS:CABGYGet Free Report) has received an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

CABGY has been the topic of several recent analyst reports. UBS Group raised Carlsberg A/S from a “sell” rating to a “neutral” rating in a research report on Monday. JPMorgan Chase & Co. upgraded Carlsberg A/S from an “underweight” rating to a “neutral” rating in a report on Wednesday, November 29th. Sanford C. Bernstein upgraded Carlsberg A/S from a “market perform” rating to an “outperform” rating in a research note on Friday, November 10th. Finally, BNP Paribas upgraded Carlsberg A/S from a “neutral” rating to an “outperform” rating in a research note on Friday, January 12th.

Get Our Latest Analysis on CABGY

Carlsberg A/S Price Performance

Shares of Carlsberg A/S stock opened at $27.15 on Tuesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.55 and a current ratio of 0.66. Carlsberg A/S has a one year low of $23.32 and a one year high of $33.70. The stock’s 50-day moving average is $25.39 and its 200-day moving average is $26.12.

Carlsberg A/S Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 21st. Stockholders of record on Wednesday, March 13th will be issued a dividend of $0.5255 per share. This is a boost from Carlsberg A/S’s previous dividend of $0.53. The ex-dividend date is Tuesday, March 12th.

About Carlsberg A/S

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Carlsberg A/S produces and sells beer and other beverage products in Denmark. It offers core, and craft and specialty beers; and alcohol-free brews. The company provides its products primarily under the Carlsberg, Tuborg, Feldschlösschen, Baltika, Chongqing, 1664 Blanc, Grimbergen, Ringnes, and Somersby brand names.

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Analyst Recommendations for Carlsberg A/S (OTCMKTS:CABGY)

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