Liberum Capital initiated coverage on shares of Carlsberg AS (OTCMKTS:CABGY) in a research note published on Monday. The firm issued a buy rating on the stock.

CABGY has been the topic of several other research reports. Societe Generale lowered shares of Carlsberg AS from a buy rating to a hold rating in a research note on Thursday, August 18th. Royal Bank Of Canada lowered shares of Carlsberg AS from an outperform rating to a sector perform rating in a research note on Monday, August 22nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $580.00.

Carlsberg AS (OTCMKTS:CABGY) opened at 19.12 on Monday. The stock’s market capitalization is $14.58 billion. The company has a 50-day moving average of $19.03 and a 200-day moving average of $19.10. Carlsberg AS has a 1-year low of $15.04 and a 1-year high of $20.69.

About Carlsberg AS

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 more than 500 beer brands, including Carlsberg, Kronenbourg, Baltika, Holsten, Tuborg, Lav and Lvivske, among others.

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