At 10-Year Lows, Ambev Is A Buy [Seeking Alpha]
Compania Cervecerias Unidas, S.A. (CCU)
US:NYSE Investor Relations:
unitedbreweries.com/investors
Company Research
Source: Seeking Alpha
Summary Brazilian brewing giant Ambev has fallen to its lowest price since 2010. Some of the weakness is on regional economic problems. Much of it comes from its association with 3G, and the weak beer market generally. These concerns may be overblown. With no debt, Ambev is in great position to ride out the current weakness and come back stronger when Latin America has another bull market. This article was highlighted for PRO+ subscribers, ’s service for professional investors. Find out how you can get the best content on here I've gotten several reader requests to look at ABEV Ambev has been in my IMF portfolio awhile, though I've never gotten particularly excited about it. It's usually looked cheap, but with obvious and glaring issues, both operationally and with the regional economies that it serves. This prolonged indifference on my part has resulted in Ambev ending up as the 68th largest holding in the IMF, at a 0.5% portion of the overall portfolio. That also makes it just the
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CCU
News
- Compañía Cervecerías Unidas S.A. (NYSE: CCU) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $10.50 to $9.40. They now have a "sell" rating on the stock.MarketBeat
- Compañía Cervecerías Unidas S.A. (NYSE: CCU) was upgraded by analysts at Scotiabank from a "hold" rating to a "strong-buy" rating.MarketBeat
- Compañía Cervecerías Unidas S.A. (NYSE: CCU) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "sell" rating. They now have a $10.50 price target on the stock.MarketBeat
CCU
Sec Filings
- 11/7/24 - Form 6-K
- 11/6/24 - Form 6-K
- 11/6/24 - Form 6-K
- CCU's page on the SEC website