Barclays upgraded shares of Carlsberg AS (OTCMKTS:CABGY – Free Report) from a strong sell rating to a hold rating in a research report sent to investors on Monday,Zacks reports.
Separately, Jefferies Financial Group downgraded shares of Carlsberg AS from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
View Our Latest Analysis on CABGY
Carlsberg AS Price Performance
About Carlsberg AS
Carlsberg A/S is a Denmark-based brewing company and the parent of the Carlsberg Group. Founded in 1847 by brewer J.C. Jacobsen, the company has grown from its original brewery in Copenhagen into an international beverage business serving consumers across Europe and Asia, as well as other markets worldwide.
The company’s portfolio includes Carlsberg, Tuborg, 1664, Grimbergen, Somersby and other regional and local beer brands. In addition to traditional lager and specialty beers, Carlsberg produces cider, alcohol-free beverages and selected soft drinks.
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