Royal Unibrew A/S (OTCMKTS:ROYUF) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Royal Unibrew A/S (OTCMKTS:ROYUF) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

Several research firms have recently weighed in on ROYUF. The Goldman Sachs Group lowered Royal Unibrew A/S from a “buy” rating to a “neutral” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft cut shares of Royal Unibrew A/S from a “buy” rating to a “hold” rating in a research report on Tuesday.

Royal Unibrew A/S Stock Performance

ROYUF stock opened at $64.90 on Tuesday. The firm has a 50-day moving average of $72.62 and a two-hundred day moving average of $72.94. Royal Unibrew A/S has a 12 month low of $64.86 and a 12 month high of $81.09.

Royal Unibrew A/S Company Profile

Royal Unibrew A/S is a Denmark-based brewing and beverage group with its origins in the 1989 merger of regional breweries. Over the decades the company has built a diversified product portfolio encompassing beer, malt beverages, soft drinks, cider and water. Key beer brands include Royal, Faxe and Ceres, while its soft drink range features Faxe Kondi alongside a variety of flavored waters and energy drinks.

In beer, Royal Unibrew produces both traditional lagers and specialty craft-style brews.