The brokerage arm of the Danish investment bank, Danske Bank, Danske Equities, has raised its recommendation on Danish brewer, Bryggerigruppen, from “hold” to “buy”.

Meanwhile, another Danish bank, Jyske Bank, has upgraded its recommendation on Danish brewing group, Carlsberg, from “accumulate” to “buy”, and has lowered its share price target for Carlsberg from DKr375 ($54.1/€50.5) to DKr340 ($49.1/€45.8).