European shares rise as Trumps signals ’major’ trade deal By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Source: Investing.com
European Market Response: European shares rose following U.S. President Trump's indication of progress towards a significant trade deal, with the pan-European STOXX 600 index up 0.3%, while Spain's market declined by 0.4%.
Corporate Developments: A.P. Moller-Maersk's shares fell 2.1% due to a lowered global container market forecast, whereas Anheuser-Busch InBev's shares increased by 4.2% after reporting a strong rise in first-quarter operating profit.
Analyst Views on ABI
Wall Street analysts forecast ABI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ABI is USD with a low forecast of USD and a high forecast of 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.
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Current: 24.955
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Current: 24.955
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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.
