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Carlsberg A S (ADR) (OTC:CABGY) has been downgraded from Equal Weight to Underweight in a statement by Barclays Capital today.

Yesterday Carlsberg A S (ADR) (OTC:CABGY) traded 1.75% higher at $20.64. The company’s 50-day moving average is $0.00 and its 200-day moving average is $0.00. The last closing price is up 0.00% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 567,651 shares of the stock traded hands, up from an average trading volume of 0

Barclays Capital has downgraded Carlsberg A S (ADR) (OTC:CABGY) from Equal Weight to Underweight in a report released on 7/7/2017.

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Carlsberg A S (ADR) (OTC:CABGY)

Carlsberg A S (ADR) has a 52 week low of $16.30 and a 52 week high of $22.67 The company’s market cap is currently $0.

General Information About Carlsberg A S (ADR) (OTC:CABGY)

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 a range of beer and cider brands, including Carlsberg, Kronenbourg, Baltika, Somersby, Holsten, Tuborg, Lav and Lvivske, among others. Its operations are divided in geographical segments: Western Europe, Eastern Europe and Asia. The Company is also present in a number of markets where it does not operate its own breweries, through license business and export. Additionally, the Company has interests in development and sales of real estate. It operates through numerous subsidiaries in Europe and Asia, including Carlsberg Danmark A/S, Carlsberg Sverige AB, Carlsberg Bulgaria AD, Baltika Breweries OAO and Carlsberg Brewery Hong Kong Ltd, among others.

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