Carlsberg A/S (OTCMKTS:CABGY) Upgraded by Royal Bank of Canada to “Outperform” Rating

Carlsberg A/S (OTCMKTS:CABGY) was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research note issued on Friday,Briefing.com Automated Import reports.

Several other research firms have also recently commented on CABGY. Barclays cut Carlsberg A/S from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 14th. BNP Paribas downgraded shares of Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th.

Carlsberg A/S Trading Down 0.7 %

CABGY stock opened at $25.85 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.46 and a current ratio of 0.57. The company’s fifty day simple moving average is $22.33 and its 200 day simple moving average is $21.98. Carlsberg A/S has a 12-month low of $18.21 and a 12-month high of $29.59.

About Carlsberg A/S

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.