Discussion stirs around Ambev S.A. (NYSE:ABEV) this week; here is what analysts are saying.

April 21, 2018 - By Adrian Erickson

Ambev S.A. (NYSE:ABEV) Logo

Ambev S.A. (NYSE:ABEV) Ratings Coverage

Among 2 analysts covering Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (NYSE:ABEV), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Ambev S.A. American Depositary Shares (Each representing 1 Common Share) had 2 analyst reports since October 27, 2017 according to SRatingsIntel. The company was maintained on Friday, October 27 by Barclays Capital. On Monday, April 9 the stock rating was maintained by JP Morgan with “Overweight”. Below is a list of Ambev S.A. (NYSE:ABEV) latest ratings and price target changes.

09/04/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $6.9 New Target: $7.5 Maintain
27/10/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $6 New Target: $7 Maintain

The stock decreased 1.16% or $0.08 during the last trading session, reaching $6.81. About 18.57M shares traded. Ambev S.A. (NYSE:ABEV) has risen 25.75% since April 21, 2017 and is uptrending. It has outperformed by 14.20% the S&P500.

Ambev S.A., through its subsidiaries, produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas. The company has market cap of $112.23 billion. The firm operates through Latin America North, Latin America South, and Canada divisions. It has a 50.07 P/E ratio. It offers beers primarily under the Skol, Brahma, Quilmes Cristal, Stella Artois, Paceña, Taquiña, Huari, Antarctica Becker, Beck, Leffe, Corona, Báltica, Pilsen, Patricia, Presidente, Brahma Light, President Light, Bohemia, The One, Becker, Bud Light, Ouro Fino, Modelo Especial, Brahva, Brahva Gold, Extra, Hoegaarden, and Budweiser brands.

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