Equities researchers at Liberum Capital started coverage on shares of Carlsberg AS (OTCMKTS:CABGY) in a research note issued to investors on Monday, StockTargetPrices.com reports. The firm set a “buy” rating on the stock.
Other equities analysts have also issued reports about the stock. Societe Generale lowered shares of Carlsberg AS from a “buy” rating to a “hold” rating in a research note on Thursday, August 18th. Royal Bank Of Canada lowered shares of Carlsberg AS from an “outperform” rating to a “sector perform” rating in a research note on Monday, August 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $580.00.
Shares of Carlsberg AS (OTCMKTS:CABGY) opened at 18.95 on Monday. The company has a 50-day moving average of $18.99 and a 200 day moving average of $19.10. Carlsberg AS has a one year low of $15.04 and a one year high of $20.69. The stock’s market cap is $14.45 billion.
About Carlsberg AS
Carlsberg A/S is a Denmark-based company active within the brewing industry. It is primarily engaged in the production, marketing and sale of beer and soft drinks. The Company’s portfolio consists of more than 500 beer brands, including Carlsberg, Kronenbourg, Baltika, Holsten, Tuborg, Lav and Lvivske, among others.
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