Carlsberg AS (CBGB) Stock Forecast & Price Target
CBGB Analyst Ratings
Moderate Buy
4Buy2Hold0Sell
Based on 6 analysts giving stock ratings to Carlsberg AS in the past 3 months
CBGB Stock 12 Month Forecast
Average Price Target
EUR 139.05▲(6.72% Upside)Based on 6 Wall Street analysts offering 12 month price targets for Carlsberg AS in the last 3 months. The average price target is EUR 139.05 with a high forecast of EUR 155.22 and a low forecast of EUR 123.10. The average price target represents a 6.72% change from the last price of EUR 130.30.
Past 12 Months12 Month ForecastDec2025Sep2026
HighEUR 155.22
AverageEUR 139.05
LowEUR 123.10
Highest Price TargetHighestEUR 155.22Average Price TargetEUR 139.05Lowest Price TargetLowestEUR 123.10
Detailed List of Analyst Forecasts
Analyst Type
Ranks
Analyst Rating
Upside/ Downside
Action
| Price Target | Follow | Article | ||||||
|---|---|---|---|---|---|---|---|---|
| Laurence Whyatt | Barclays | EUR 124.44→EUR 123.10 | hold | -5.52%Downside | Reiterated | 10/30/26 | ||
| Mitch Collett | Deutsche Bank | EUR 163.25→EUR 155.22 | buy | 19.12%Upside | Reiterated | 09/16/26 | ||
| Ed Mundy | Jefferies | EUR 148.53→EUR 127.12 | hold | -2.44%Downside | Downgraded | 09/14/26 | ||
| Sarah Simon | Morgan Stanley | EUR 137.82→EUR 142.51 | buy | 9.37%Upside | Reiterated | 08/27/26 | ||
| Javier Gonzalez Lastra | Berenberg Bank | EUR 145.85 | buy | 11.94%Upside | Reiterated | 08/24/26 | ||
| James Edwardes Jones | RBC Capital | EUR 139.16→EUR 140.50 | buy | 7.83%Upside | Reiterated | 08/20/26 | ||
| Trevor Stirling | Bernstein | EUR 192.68→EUR 196.70 | buy | 50.96%Upside | Reiterated | 06/23/26 | ||
 Mikkel RasmussenNot Ranked | ABG Sundal | EUR 125.78 | buy | -3.47%Downside | Upgraded | 06/08/26 | ||
| Richard Withagen | Kepler Capital | EUR 123.10 | hold | -5.52%Downside | Reiterated | 04/29/26 | ||
| Simon Hales | Citi | EUR 145.85→EUR 141.84 | buy | 8.85%Upside | Reiterated | 04/23/26 | ||
| Thomas Petersen | Nordea Markets | EUR 104.37 | sell | -19.90%Downside | Downgraded | 02/05/26 | ||
| Gen Cross | Exane BNP Paribas | EUR 133.81 | buy | 2.69%Upside | Upgraded | 01/12/26 | ||
| Sanjeet Aujla | UBS | EUR 108.39→EUR 141.84 | buy | 8.85%Upside | Upgraded | 12/03/25 | ||
| Celine Pannuti CFA | J.P. Morgan | EUR 113.74→EUR 130.46 | buy | 0.13%Upside | Upgraded | 11/26/25 |
| Price Target | Follow | Article | ||||||
|---|---|---|---|---|---|---|---|---|
| Laurence Whyatt | 10/30/26 | EUR 124.44→EUR 123.10 | hold | -5.52%Downside | Reiterated | Barclays | ||
| Mitch Collett | 09/16/26 | EUR 163.25→EUR 155.22 | buy | 19.12%Upside | Reiterated | Deutsche Bank | ||
| Ed Mundy | 09/14/26 | EUR 148.53→EUR 127.12 | hold | -2.44%Downside | Downgraded | Jefferies | ||
| Sarah Simon | 08/27/26 | EUR 137.82→EUR 142.51 | buy | 9.37%Upside | Reiterated | Morgan Stanley | ||
| Javier Gonzalez Lastra | 08/24/26 | EUR 145.85 | buy | 11.94%Upside | Reiterated | Berenberg Bank | ||
| James Edwardes Jones | 08/20/26 | EUR 139.16→EUR 140.50 | buy | 7.83%Upside | Reiterated | RBC Capital | ||
| Trevor Stirling | 06/23/26 | EUR 192.68→EUR 196.70 | buy | 50.96%Upside | Reiterated | Bernstein | ||
| Mikkel RasmussenNot Ranked | 06/08/26 | EUR 125.78 | buy | -3.47%Downside | Upgraded | ABG Sundal | ||
| Richard Withagen | 04/29/26 | EUR 123.10 | hold | -5.52%Downside | Reiterated | Kepler Capital | ||
| Simon Hales | 04/23/26 | EUR 145.85→EUR 141.84 | buy | 8.85%Upside | Reiterated | Citi | ||
| Thomas Petersen | 02/05/26 | EUR 104.37 | sell | -19.90%Downside | Downgraded | Nordea Markets | ||
| Gen Cross | 01/12/26 | EUR 133.81 | buy | 2.69%Upside | Upgraded | Exane BNP Paribas | ||
| Sanjeet Aujla | 12/03/25 | EUR 108.39→EUR 141.84 | buy | 8.85%Upside | Upgraded | UBS | ||
| Celine Pannuti CFA | 11/26/25 | EUR 113.74→EUR 130.46 | buy | 0.13%Upside | Upgraded | J.P. Morgan |
Stocks with the Highest Top Analyst Consensus in the General Sector
Best Analysts Covering Carlsberg AS
3 Months
Success Rate9/13 ratings generated profit
69%
Average Return
+5.44%
Copying Sarah Simon's trades and holding each position for 3 Months would result in 69.23% of your transactions generating a profit, with an average return of +5.44% per trade.
1 Year
Success Rate7/9 ratings generated profit
78%
Average Return
+11.71%
Copying Trevor Stirling's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +11.71% per trade.
2 Years
Success Rate8/9 ratings generated profit
89%
Average Return
+11.47%
Copying Trevor Stirling's trades and holding each position for 2 Years would result in 88.89% of your transactions generating a profit, with an average return of +11.47% per trade.
CBGB Analyst Recommendation Trends
| Rating | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 0 | 0 |
| Buy | 2 | 2 | 5 | 5 | 4 |
| Hold | 2 | 0 | 0 | 1 | 3 |
| Sell | 1 | 1 | 2 | 3 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| total | 7 | 4 | 8 | 9 | 9 |
In the current month, CBGB has received 4 Buy Ratings, 3 Hold Ratings, and 2 Sell Ratings. CBGB average Analyst price target in the past 3 months is 139.05.
CBGB Financial Forecast
HighEUR 1.75
ConsensusEUR 1.75
LowEUR 1.75
CBGB Earnings Forecast
Next quarter’s earnings estimate for CBGB is EUR 1.75 with a range of EUR 1.75 to EUR 1.75. The previous quarter’s EPS was EUR 3.04. Its overall industry beat the EPS estimate 50.49% of the time in the past 12 months.
HighEUR 2.82B
ConsensusEUR 2.72B
LowEUR 2.66B
CBGB Sales Forecast
Next quarter’s sales forecast for CBGB is EUR 2.72B with a range of EUR 2.66B to EUR 2.82B. The previous quarter’s sales results were EUR 6.30B. Its overall industry beat sales estimates 63.25% of the time in the past 12 months.
CBGB Stock Forecast FAQ
What is DE:CBGB’s average 12-month price target, according to analysts?
Based on analyst ratings, Carlsberg AS’s 12-month average price target is €139.05.
What is DE:CBGB’s upside potential, based on the analysts’ average price target?
Carlsberg AS has 6.72% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Carlsberg AS a Buy, Sell or Hold?
Carlsberg AS has a consensus rating of Moderate Buy, which is based on 4 buy ratings, 2 hold ratings and 0 sell ratings.
What is Carlsberg AS’s share price target?
The average share price target for Carlsberg AS is €139.05. This is based on 6 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst share price target is €155.22, and the lowest forecast is €123.10. The average share price target represents a 6.72% increase from the current price of €130.3.
What do analysts say about Carlsberg AS?
Carlsberg AS’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 6 Wall Street analysts.
How can I buy shares of Carlsberg AS?
To buy shares of DE:CBGB, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.