Ambev S.A. (NYSE:ABEV) Weekly Ratings on Jun 27, 2018

June 27, 2018 - By Roy Fason

Ambev S.A. (NYSE:ABEV) Corporate Logo

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

In total 2 analysts cover Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (NYSE:ABEV). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. 50% are bullish. 3 are the (NYSE:ABEV)’s analyst reports since April 9, 2018 according to StockzIntelligence Inc. The company rating was downgraded by J.P. Morgan on Monday, June 18. On Monday, April 9 the firm has “Overweight” rating by JP Morgan given. On Tuesday, May 22 the rating was maintained by JP Morgan with “Overweight”. Listed here are Ambev S.A. (NYSE:ABEV) PTs and latest ratings.

18/06/2018 Broker: J.P. Morgan Rating: Hold New Target: $5.6000 Downgrade
22/05/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $7.5 New Target: $6.5 Maintain
09/04/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $6.9 New Target: $7.5 Maintain

The stock decreased 1.26% or $0.06 during the last trading session, hitting $4.69.Currently Ambev S.A. is downtrending after 4.72% change in last June 27, 2017. ABEV has also 21.30M shares volume. ABEV underperformed by 17.29% 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 firm is valued at $72.19 billion. The firm operates through Latin America North, Latin America South, and Canada divisions.The P/E ratio is 36.93. 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.

Another two news for Ambev S.A. (NYSE:ABEV) were recently posted by: Streetinsider.com on June 26, 2018 with title “Bradesco BBI Assumes Ambev SA (ABEV) at Neutral”. The other 247Wallst.com‘s article was titled “Starbucks, MGM Resorts Slink into Tuesday’s 52-Week Low Club” and posted on June 26, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: