Carlsberg AS (OTCMKTS:CABGY) Given Average Rating of “Hold” by Analysts

Carlsberg AS (OTCMKTS:CABGY) has been given a consensus rating of “Hold” by the six ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company.

Separately, Zacks Research downgraded shares of Carlsberg AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th.

Carlsberg AS Trading Down 1.0%

Shares of Carlsberg AS stock opened at $23.60 on Monday. The firm has a 50-day simple moving average of $24.02 and a two-hundred day simple moving average of $26.23. Carlsberg AS has a fifty-two week low of $18.21 and a fifty-two week high of $30.22. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 2.41.

Carlsberg AS Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.