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Zacks Investment Research announced Carlsberg A S (ADR) (NASDAQ:CABGY), boosting its stock price target to $25.00 today

In a report released on 6/20/2017 Zacks Investment Research increased the stock price target of Carlsberg A S (ADR) (NASDAQ:CABGY) to $25.00 reporting a possible upside of 0.14%.

Just yesterday Carlsberg A S (ADR) (NASDAQ:CABGY) traded -1.85% lower at $21.99. Carlsberg A S (ADR)’s 50-day moving average is $22.58 and its 200-day moving average is $20.74. The last stock price is up 10.16% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 60,358 shares of CABGY traded hands, down from an average trading volume of 153,272

Recent Performance Chart

Carlsberg A S (ADR) (NASDAQ:CABGY)

Carlsberg A S (ADR) has 52 week low of $16.30 and a 52 week high of $23.55 with a PE ratio of 22.02 and has a market capitalization of $0.

Brief Synopsis On Carlsberg A S (ADR) (NASDAQ: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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