Royal Unibrew A/S (OTCMKTS:ROYUF) Receives Consensus Rating of “Buy” from Brokerages

Royal Unibrew A/S (OTCMKTS:ROYUF) has earned an average rating of “Buy” from the six analysts that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy rating.

A number of research analysts recently weighed in on the company. Sanford C. Bernstein assumed coverage on Royal Unibrew A/S in a research note on Friday, November 21st. They set an “outperform” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Royal Unibrew A/S in a research report on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Royal Unibrew A/S in a report on Friday, November 28th.

Royal Unibrew A/S Stock Performance

Shares of OTCMKTS ROYUF opened at $73.11 on Wednesday. The firm’s 50-day moving average price is $73.11 and its 200-day moving average price is $73.72. Royal Unibrew A/S has a 1-year low of $73.11 and a 1-year high of $81.09.

About Royal Unibrew A/S

Royal Unibrew A/S is a Denmark-based brewing and beverage group with its origins in the 1989 merger of regional breweries. Over the decades the company has built a diversified product portfolio encompassing beer, malt beverages, soft drinks, cider and water. Key beer brands include Royal, Faxe and Ceres, while its soft drink range features Faxe Kondi alongside a variety of flavored waters and energy drinks.

In beer, Royal Unibrew produces both traditional lagers and specialty craft-style brews.