Berenberg Bank upgraded shares of Carlsberg A/S (OTCMKTS:CABGY - Free Report) to a strong-buy rating in a report issued on Wednesday, April 2nd,Zacks.com reports.
A number of other brokerages also recently commented on CABGY. Royal Bank of Canada raised Carlsberg A/S from a "sector perform" rating to an "outperform" rating in a research report on Friday, March 14th. BNP Paribas lowered shares of Carlsberg A/S from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th.
Check Out Our Latest Stock Report on Carlsberg A/S
Carlsberg A/S Trading Up 1.4 %
Shares of Carlsberg A/S stock traded up $0.33 during trading on Wednesday, hitting $24.19. 98,061 shares of the company were exchanged, compared to its average volume of 253,018. Carlsberg A/S has a fifty-two week low of $18.21 and a fifty-two week high of $29.59. The company has a current ratio of 0.57, a quick ratio of 0.46 and a debt-to-equity ratio of 0.89. The firm has a 50 day moving average price of $24.57 and a 200 day moving average price of $22.26.
Carlsberg A/S Increases Dividend
The firm also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Wednesday, March 19th were paid a dividend of $0.7593 per share. This is a boost from Carlsberg A/S's previous dividend of $0.53. The ex-dividend date was Wednesday, March 19th.
About Carlsberg A/S
(
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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.
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