Sanford C. Bernstein upgraded shares of CARLSBERG AS/S (OTCMKTS:CABGY) from an underperform rating to a market perform rating in a research report sent to investors on Tuesday morning, The Fly reports.
Several other research analysts have also commented on the company. Citigroup lowered CARLSBERG AS/S from a neutral rating to a sell rating in a research report on Thursday, June 27th. Bryan, Garnier & Co upgraded CARLSBERG AS/S from a neutral rating to a buy rating in a research report on Monday, August 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of $27.00.
Shares of CABGY opened at $29.26 on Tuesday. The stock has a 50 day moving average of $28.84 and a 200-day moving average of $26.69. The company has a current ratio of 0.52, a quick ratio of 0.40 and a debt-to-equity ratio of 0.35. CARLSBERG AS/S has a 52 week low of $20.88 and a 52 week high of $30.43.
Carlsberg A/S produces and sells beer and other beverage products in Western Europe, Eastern Europe, and Asia. The company provides craft and specialty, and non-alcoholic beers; and soft drinks. It offers its products primarily under the Carlsberg, Baltika, Tuborg, birell, Ringnes, and other local brand names.
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