Berenberg Bank Keeps Their Hold Rating on Carlsberg AS (0AI4)
In a report released yesterday, Javier Gonzalez Lastra from Berenberg Bank maintained a Hold rating on Carlsberg AS, with a price target of DKK1,033.00. The company’s shares closed yesterday at DKK939.00.
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Gonzalez Lastra covers the Consumer Defensive sector, focusing on stocks such as Diageo, Pernod Ricard, and Davide Campari-Milano SpA. According to TipRanks, Gonzalez Lastra has an average return of 5.2% and a 56.46% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Carlsberg AS with a DKK971.63 average price target, a 3.47% upside from current levels. In a report released on February 4, Kepler Capital also maintained a Hold rating on the stock with a DKK820.00 price target.
Based on Carlsberg AS’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of DKK45.86 billion and a net profit of DKK3.56 billion. In comparison, last year the company earned a revenue of DKK38.77 billion and had a net profit of DKK3.74 billion
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- Carlsberg price target raised to DKK 1,080 from DKK 1,010 at RBC Capital
- Carlsberg downgraded to Sell from Hold at Nordea
- Carlsberg Confirms Compliance With Post-Offer Commitments After Britvic Acquisition
- Carlsberg price target lowered to DKK 940 from DKK 945 at Morgan Stanley
- Carlsberg upgraded to Outperform from Neutral at BNP Paribas
