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Carlsberg AS (0AI4) Receives a Hold from Kepler Capital

Tipranks - Tipranks - Fri May 1, 9:00PM CDT

Kepler Capital analyst Richard Withagen maintained a Hold rating on Carlsberg AS on April 29 and set a price target of DKK920.00. The company’s shares closed last Wednesday at DKK836.00.

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According to TipRanks, Withagen is an analyst with an average return of -3.6% and a 38.70% success rate.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Carlsberg AS with a DKK1,041.75 average price target.

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Based on Carlsberg AS’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of DKK43.24 billion and a net profit of DKK2.59 billion. In comparison, last year the company earned a revenue of DKK36.21 billion and had a net profit of DKK3.12 billion

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0AI4 in relation to earlier this year.

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