Carlsberg A/S (OTCMKTS:CABGY) – Stock analysts at Jefferies Group decreased their FY2018 EPS estimates for shares of Carlsberg A/S in a note issued to investors on Thursday. Jefferies Group analyst E. Mundy now expects that the company will earn $1.14 per share for the year, down from their prior forecast of $1.16. Jefferies Group also issued estimates for Carlsberg A/S’s FY2019 earnings at $1.24 EPS and FY2020 earnings at $1.35 EPS.

CABGY has been the topic of several other reports. Zacks Investment Research upgraded shares of Carlsberg A/S from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Deutsche Bank upgraded shares of Carlsberg A/S from a “hold” rating to a “buy” rating in a report on Thursday, January 18th. Finally, Macquarie restated a “neutral” rating on shares of Carlsberg A/S in a report on Wednesday, January 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $28.00.

Carlsberg A/S (OTCMKTS:CABGY) traded up $0.35 during trading on Monday, reaching $23.71. 28,437 shares of the company traded hands, compared to its average volume of 159,867. Carlsberg A/S has a 1-year low of $17.21 and a 1-year high of $26.00. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.44 and a current ratio of 0.56.

TRADEMARK VIOLATION WARNING: This report was published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this report on another site, it was illegally stolen and republished in violation of US & international copyright & trademark law. The correct version of this report can be viewed at https://theolympiareport.com/2018/02/14/jefferies-group-weighs-in-on-carlsberg-a-ss-fy2018-earnings-cabgy.html.

About Carlsberg A/S

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.

Receive News & Ratings for Carlsberg A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlsberg A/S and related companies with MarketBeat.com's FREE daily email newsletter.