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, MarketBeat.com 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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