Carlsberg A/S (CABGY) Stock Forecast & Price Target

$23.48

-0.31 (-1.30%)

(As of 10/1/2024 ET)

Carlsberg A/S - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 6 Analyst Ratings

Sell
0

Hold
3

Buy
3

Based on 6 Wall Street analysts who have issued ratings for Carlsberg A/S in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 3 have given a hold rating, and 3 have given a buy rating for CABGY.

Consensus Price Target

N/A

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CABGY Analyst Ratings Over Time

Type	Current Forecast 10/3/23 to 10/2/24	1 Month Ago 9/3/23 to 9/2/24	3 Months Ago 7/5/23 to 7/4/24	1 Year Ago 10/3/22 to 10/3/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

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CABGY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CABGY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Carlsberg A/S Stock vs. The Competition

Type	Carlsberg A/S	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.50	2.45	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	N/A	500.12% Upside	6.87% Upside
News Sentiment Rating	Neutral News See Recent CABGY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target
2/12/2024	UBS Group 4 of 5 stars	Upgrade	Sell ➝ Neutral
1/12/2024	BNP Paribas 3 of 5 stars	Upgrade	Neutral ➝ Outperform
11/29/2023	JPMorgan Chase & Co. 3 of 5 stars	Upgrade	Underweight ➝ Neutral
11/10/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform
10/11/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight
10/5/2023	Kepler Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Reduce ➝ Hold
5/15/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
1/9/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	1,117.00 ➝ 1,162.00
10/31/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		1,160.00 ➝ 1,070.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:22 AM ET.

Should I Buy Carlsberg A/S Stock? CABGY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, September 21, 2024. Please send any questions or comments about these Carlsberg A/S pros and cons to contact@marketbeat.com.

Carlsberg A/S
Bull Case

Here are some ways that investors could benefit from investing in Carlsberg A/S:

Carlsberg A/S has shown consistent growth in its core, craft, and specialty beer offerings, indicating a strong market presence and consumer demand.
The company's expansion into international markets like China presents significant growth opportunities, tapping into new consumer bases.
Carlsberg A/S's focus on alcohol-free brews aligns with the increasing consumer trend towards healthier lifestyle choices, potentially boosting sales.
Recent financial reports indicate a steady increase in revenue and profitability, showcasing the company's financial stability and growth potential.
With a current stock price of [insert current stock price], Carlsberg A/S may be considered undervalued compared to its industry peers, presenting a potential buying opportunity for investors.

Carlsberg A/S
Bear Case

Investors should be bearish about investing in Carlsberg A/S for these reasons:

Fluctuations in raw material prices, such as barley and hops, could impact Carlsberg A/S's production costs and profit margins, leading to financial volatility.
Intense competition in the malt beverages industry may pose challenges for Carlsberg A/S in maintaining market share and pricing power, affecting its profitability.
Economic uncertainties in key markets like the United Kingdom and China could potentially impact Carlsberg A/S's sales and revenue growth in the near term.
Regulatory changes related to alcohol consumption and advertising could impose restrictions on Carlsberg A/S's marketing strategies and product offerings, affecting brand visibility.
Investors should closely monitor currency exchange rates as fluctuations may impact Carlsberg A/S's international operations and financial performance.

CABGY Forecast - Frequently Asked Questions

: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carlsberg A/S in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CABGY shares.
: According to analysts, Carlsberg A/S's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Analysts like Carlsberg A/S more than other "consumer staples" companies. The consensus rating for Carlsberg A/S is Moderate Buy while the average consensus rating for "consumer staples" companies is Hold. Learn more on how CABGY compares to other companies.