Anheuser-Busch InBev S.A. ADR falls Friday, underperforms market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 30 2024
0mins
Source: MarketWatch
Stock Performance: Anheuser-Busch InBev S.A. ADR fell 0.13% to $61.44, despite a positive trading day for the overall stock market, with the S&P 500 and Dow Jones both rising.
52-Week High: The company's stock closed $6.05 below its 52-week high of $67.49, reached on May 17th.
Analyst Views on CCU
Wall Street analysts forecast CCU stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CCU is 11.00 USD with a low forecast of 11.00 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 14.820
Low
11.00
Averages
11.00
High
11.00
Current: 14.820
Low
11.00
Averages
11.00
High
11.00
About CCU
Compania Cervecerias Unidas SA is a diversified beverage company operating principally in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. The Company's segments include Chile, International Business and Wine. The Company carries a portfolio of products, which includes a range of brands of alcoholic and non-alcoholic beer, with Cristal as its primary brand in Chile. In addition, it produces and distributes Heineken beer; distributes Sol beer and Budweiser beer, and distributes and produces Kunstmann and Austral beer in Chile. The International Business segment includes operations in Argentina, Paraguay and Uruguay. The Company, through Vina San Pedro Tarapaca S.A. (VSPT), produces and markets a range of wine products for the domestic and mainly the export market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
