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Ambev Analyst Ratings

Benzinga ·  Nov 22, 2023 05:02
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
11/22/2023 4.76% Jefferies → $2.86 Initiates Coverage On → Hold
05/24/2023 37% Bernstein → $3.74 Initiates Coverage On → Outperform
07/13/2022 JP Morgan Upgrades Neutral → Overweight
11/03/2021 B of A Securities Upgrades Underperform → Neutral
10/06/2021 28.21% Barclays $4 → $3.5 Upgrades Equal-Weight → Overweight
06/17/2021 46.52% Barclays $2.5 → $4 Upgrades Underweight → Equal-Weight
05/20/2021 31.87% Itau BBA → $3.6 Downgrades Outperform → Market Perform
01/13/2021 Bradesco Downgrades Neutral → Underperform
11/03/2020 Citigroup Upgrades Neutral → Buy
03/24/2020 JP Morgan Downgrades Neutral → Underweight
12/03/2019 Barclays Downgrades Equal-Weight → Underweight
11/15/2019 42.86% UBS $4.3 → $3.9 Maintains Sell
08/27/2019 Barclays Downgrades Overweight → Equal-Weight
07/26/2019 JP Morgan Upgrades Underweight → Neutral

What is the target price for Ambev (ABEV)?

The latest price target for Ambev (NYSE: ABEV) was reported by Jefferies on November 22, 2023. The analyst firm set a price target for $2.86 expecting ABEV to rise to within 12 months (a possible 4.76% upside). 2 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Ambev (ABEV)?

The latest analyst rating for Ambev (NYSE: ABEV) was provided by Jefferies, and Ambev initiated their hold rating.

When is the next analyst rating going to be posted or updated for Ambev (ABEV)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ambev, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ambev was filed on November 22, 2023 so you should expect the next rating to be made available sometime around November 22, 2024.

Is the Analyst Rating Ambev (ABEV) correct?

While ratings are subjective and will change, the latest Ambev (ABEV) rating was a initiated with a price target of $0.00 to $2.86. The current price Ambev (ABEV) is trading at is $2.73, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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