Carlsberg AS (OTCMKTS:CABGY) Upgraded to “Buy” at UBS Group

UBS Group upgraded shares of Carlsberg AS (OTCMKTS:CABGY) from a neutral rating to a buy rating in a research note issued to investors on Wednesday, MarketBeat Ratings reports.

Separately, Zacks Research cut shares of Carlsberg AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Carlsberg AS currently has a consensus rating of “Moderate Buy”.

Carlsberg AS Price Performance

Carlsberg AS stock opened at $25.53 on Wednesday. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 2.41. The stock has a fifty day moving average price of $24.14 and a two-hundred day moving average price of $25.73. Carlsberg AS has a 52-week low of $18.21 and a 52-week high of $30.22.

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.