Carlsberg A/S (OTCMKTS:CABGY) Lowered to “Hold” Rating by BNP Paribas

BNP Paribas cut shares of Carlsberg A/S (OTCMKTS:CABGY) from a strong-buy rating to a hold rating in a report issued on Wednesday,Zacks.com reports.

Separately, Barclays cut shares of Carlsberg A/S from a “hold” rating to a “strong sell” rating in a report on Thursday, November 14th.

Carlsberg A/S Stock Performance

CABGY stock opened at $20.37 on Wednesday. The firm has a 50 day simple moving average of $21.95 and a 200 day simple moving average of $23.80. Carlsberg A/S has a 52 week low of $20.00 and a 52 week high of $29.59.

Carlsberg A/S Company Profile

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.