Carlsberg AS (OTCMKTS:CABGY) Given Consensus Rating of “Buy” by Brokerages

Carlsberg AS (OTCMKTS:CABGY) has earned a consensus rating of “Buy” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have issued a strong buy recommendation on the company.

A number of brokerages recently weighed in on CABGY. UBS Group raised shares of Carlsberg AS from a “neutral” rating to a “buy” rating in a research report on Wednesday, December 3rd. BNP Paribas upgraded Carlsberg AS from a “hold” rating to a “strong-buy” rating in a research note on Monday.

Carlsberg AS Stock Down 0.3%

Shares of CABGY stock opened at $26.27 on Tuesday. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 2.41. Carlsberg AS has a fifty-two week low of $18.21 and a fifty-two week high of $30.22. The firm’s 50 day moving average price is $25.26 and its two-hundred day moving average price is $25.21.

Carlsberg AS Company Profile

Carlsberg A/S is a Danish multinational brewer founded in 1847 and headquartered in Copenhagen. The company is primarily engaged in the brewing, marketing and distribution of beer, cider and related beverages. Its portfolio comprises global and regional beer brands, led by the Carlsberg and Tuborg names, alongside a range of local brands tailored to specific markets. Carlsberg also operates maltings and brewing facilities and provides packaging and logistics services that support its beverage operations.

Carlsberg sells products across Europe and Asia and maintains a presence in numerous other markets through wholly owned subsidiaries, joint ventures and export arrangements.