Carlsberg A/S (CABGY) Given Average Recommendation of “Hold” by Analysts

Carlsberg A/S (CABGY) Given Average Recommendation of “Hold” by Analysts

Shares of Carlsberg A/S (NASDAQ:CABGY) have been assigned an average rating of “Hold” from the six ratings firms that are presently covering the company. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company.

Separately, Zacks Investment Research upgraded shares of Carlsberg A/S from a “sell” rating to a “hold” rating in a research note on Monday.

Carlsberg A/S (NASDAQ:CABGY) traded down 0.18% during midday trading on Wednesday, reaching $17.56. 9,954 shares of the company’s stock were exchanged. The stock has a market capitalization of $13.39 billion and a price-to-earnings ratio of 21.13. The stock’s 50-day moving average is $17.74 and its 200-day moving average is $17.79. Carlsberg A/S has a 12-month low of $16.30 and a 12-month high of $20.69.

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.

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