UBS Group reaffirmed their sell rating on shares of CARLSBERG AS/S (OTCMKTS:CABGY) in a research note released on Thursday morning, The Fly reports.
Several other research firms also recently weighed in on CABGY. JPMorgan Chase & Co. raised shares of CARLSBERG AS/S from a neutral rating to an overweight rating in a research note on Monday, June 8th. Berenberg Bank raised shares of CARLSBERG AS/S from a hold rating to a buy rating in a research note on Tuesday, March 24th. Morgan Stanley began coverage on shares of CARLSBERG AS/S in a research note on Monday, April 20th. They issued an overweight rating on the stock. Sanford C. Bernstein raised shares of CARLSBERG AS/S from a market perform rating to an outperform rating in a research note on Wednesday, April 15th. Finally, Barclays reaffirmed an overweight rating on shares of CARLSBERG AS/S in a research note on Thursday, July 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of $30.00.
OTCMKTS:CABGY opened at $28.23 on Thursday. The company’s 50-day moving average price is $26.35 and its 200-day moving average price is $26.34. The company has a current ratio of 0.54, a quick ratio of 0.40 and a debt-to-equity ratio of 0.45. The company has a market cap of $19.57 billion, a P/E ratio of 23.14 and a beta of 0.83. CARLSBERG AS/S has a twelve month low of $18.49 and a twelve month high of $31.47.
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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