Carlsberg A/S (CABGY) Receives $25.00 Consensus Price Target from Analysts

Carlsberg A/S (NASDAQ:CABGY) has received an average rating of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $25.00.

A number of equities research analysts have recently commented on CABGY shares. Zacks Investment Research downgraded shares of Carlsberg A/S from a “buy” rating to a “hold” rating in a report on Friday, June 16th. Barclays PLC downgraded shares of Carlsberg A/S from an “equal weight” rating to an “underweight” rating in a report on Friday, July 7th.

Carlsberg A/S (CABGY) opened at 21.66 on Monday. The firm has a market capitalization of $16.52 billion and a price-to-earnings ratio of 23.20. Carlsberg A/S has a 12-month low of $16.30 and a 12-month high of $22.67. The firm has a 50-day moving average of $21.62 and a 200 day moving average of $19.87.

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Carlsberg A/S Company Profile

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 (NASDAQ:CABGY)

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