In a report released yesterday, Benjamin Theurer from Barclays maintained a Buy rating on Ambev SA (ABEV – Research Report), with a price target of $3.50. The company’s shares closed yesterday at $2.91.
According to TipRanks, Theurer is a 4-star analyst with an average return of 7.6% and a 59.50% success rate. Theurer covers the Consumer Defensive sector, focusing on stocks such as Coca Cola Femsa SAB De CV, Tyson Foods, and Ambev SA.
Ambev SA has an analyst consensus of Strong Buy, with a price target consensus of $3.58.
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The company has a one-year high of $3.23 and a one-year low of $2.40. Currently, Ambev SA has an average volume of 14.25M.
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Ambev S.A. is a Brazilian brewing company that engages in production, distribution and selling of beer, carbonated soft drinks and other non-alcoholic and non-carbonated products. The company primarily operates in the Americas.
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