Carlsberg A/S (OTCMKTS:CABGY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Carlsberg A/S (OTCMKTS:CABGY) has received a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

CABGY has been the topic of a number of recent analyst reports. BNP Paribas raised shares of Carlsberg A/S from a “neutral” rating to an “outperform” rating in a research note on Friday, January 12th. UBS Group raised shares of Carlsberg A/S from a “sell” rating to a “neutral” rating in a research note on Monday, February 12th.

Carlsberg A/S Stock Down 1.6 %

Shares of Carlsberg A/S stock opened at $26.98 on Friday. The firm’s fifty day simple moving average is $27.08 and its 200-day simple moving average is $25.80. Carlsberg A/S has a 12 month low of $23.32 and a 12 month high of $33.70. The company has a quick ratio of 0.52, a current ratio of 0.64 and a debt-to-equity ratio of 1.19.

Carlsberg A/S Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 21st. Investors of record on Wednesday, March 13th were paid a dividend of $0.5255 per share. The ex-dividend date was Tuesday, March 12th. This is a boost from Carlsberg A/S’s previous dividend of $0.53.

Carlsberg A/S 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.