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

June 27, 2018 - By Anthony Rauscher

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. On Monday, April 9 JP Morgan maintained the shares of ABEV in report with “Overweight” rating. In Monday, June 18 report J.P. Morgan downgraded it to “Hold” rating and $5.6000 target. On Tuesday, May 22 the firm has “Overweight” rating by JP Morgan given. 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

ABEV is hitting $4.69 during the last trading session, after decreased 1.26%.Ambev S.A. has volume of 21.30M shares. Since June 27, 2017 ABEV has declined 4.72% and is downtrending. ABEV underperformed the S&P500 by 17.29%.

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 worth $72.19 billion. The firm operates through Latin America North, Latin America South, and Canada divisions.36.93 is the 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.

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

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