Carlsberg AS (OTCMKTS:CABGY) Given Average Recommendation of "Hold" by Analysts

Key Points

• Carlsberg AS shares currently have an average recommendation of "Hold" from six brokerages, with one analyst rating it as a sell and one as a strong buy.
• Zacks Research recently downgraded Carlsberg AS from a "strong-buy" rating to a "hold" rating on August 18th.
• The stock has traded down 0.8%, with a 1-year low of $18.21 and a high of $30.22.

Shares of Carlsberg AS (OTCMKTS:CABGY - Get Free Report) have earned an average recommendation of "Hold" from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

Separately, Zacks Research cut shares of Carlsberg AS from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th.

Carlsberg AS Trading Down 0.8%

OTCMKTS:CABGY opened at $24.13 on Friday. Carlsberg AS has a 1-year low of $18.21 and a 1-year high of $30.22. The business has a 50 day moving average of $25.70 and a 200 day moving average of $26.63. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.44 and a current ratio of 0.57.

Carlsberg AS Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.

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