Carlsberg A/S (OTCMKTS:CABGY) Sets New 1-Year Low – What’s Next?

Carlsberg A/S (OTCMKTS:CABGYGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $20.10 and last traded at $20.26, with a volume of 198328 shares traded. The stock had previously closed at $20.76.

Analysts Set New Price Targets

Separately, Barclays upgraded Carlsberg A/S to a “hold” rating in a research note on Monday, September 30th.

Read Our Latest Stock Analysis on Carlsberg A/S

Carlsberg A/S Stock Down 2.4 %

The company’s fifty day moving average is $22.87 and its two-hundred day moving average is $24.59.

About Carlsberg A/S

(Get Free Report)

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.

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