Royal Unibrew A/S (OTCMKTS:ROYUF) Given Average Rating of “Buy” by Analysts

Shares of Royal Unibrew A/S (OTCMKTS:ROYUF) have been assigned a consensus recommendation of “Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation.

ROYUF has been the topic of a number of recent research reports. Morgan Stanley restated an “overweight” rating on shares of Royal Unibrew A/S in a research note on Friday, November 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Royal Unibrew A/S in a research report on Friday, November 28th. Finally, Sanford C. Bernstein initiated coverage on Royal Unibrew A/S in a research report on Friday, November 21st. They set an “outperform” rating for the company.

Royal Unibrew A/S Price Performance

Shares of Royal Unibrew A/S stock opened at $73.11 on Friday. The firm’s fifty day simple moving average is $73.11 and its 200-day simple moving average is $73.94. Royal Unibrew A/S has a 12 month low of $73.11 and a 12 month high of $81.09.

About Royal Unibrew A/S

Royal Unibrew A/S is a Denmark-based brewing and beverage group with its origins in the 1989 merger of regional breweries. Over the decades the company has built a diversified product portfolio encompassing beer, malt beverages, soft drinks, cider and water. Key beer brands include Royal, Faxe and Ceres, while its soft drink range features Faxe Kondi alongside a variety of flavored waters and energy drinks.

In beer, Royal Unibrew produces both traditional lagers and specialty craft-style brews.