Carlsberg A/S (CABGY) Raised to “Buy” at Deutsche Bank

Carlsberg A/S (OTCMKTS:CABGY) was upgraded by Deutsche Bank from a “hold” rating to a “buy” rating in a research note issued on Thursday, MarketBeat reports.

A number of other brokerages also recently weighed in on CABGY. Zacks Investment Research upgraded shares of Carlsberg A/S from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Monday, January 15th. BNP Paribas restated a “neutral” rating on shares of Carlsberg A/S in a report on Thursday, September 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. Carlsberg A/S has a consensus rating of “Hold” and an average target price of $28.00.

Shares of Carlsberg A/S (OTCMKTS CABGY) opened at $25.00 on Thursday. The company has a current ratio of 0.56, a quick ratio of 0.44 and a debt-to-equity ratio of 0.40. Carlsberg A/S has a fifty-two week low of $17.21 and a fifty-two week high of $25.02.

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About Carlsberg A/S

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 a range of beer and cider brands, including Carlsberg, Kronenbourg, Baltika, Somersby, Holsten, Tuborg, Lav and Lvivske, among others.

Analyst Recommendations for Carlsberg A/S (OTCMKTS:CABGY)

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