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

Royal Unibrew A/S (OTCMKTS:ROYUF) has earned a consensus recommendation of “Buy” from the six research firms that are currently covering the company, Marketbeat reports. Six research analysts have rated the stock with a buy rating.

A number of research analysts have commented on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Royal Unibrew A/S in a research note on Friday, November 28th. Morgan Stanley reiterated an “overweight” rating on shares of Royal Unibrew A/S in a report on Friday, November 14th. Finally, Sanford C. Bernstein began coverage on Royal Unibrew A/S in a research note on Friday, November 21st. They set an “outperform” rating on the stock.

Royal Unibrew A/S Price Performance

OTCMKTS:ROYUF opened at $73.11 on Wednesday. The company has a 50 day moving average price of $73.11 and a 200 day moving average price of $73.73. Royal Unibrew A/S has a fifty-two week low of $73.11 and a fifty-two week high of $81.09.

About Royal Unibrew A/S

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.