AMBEV S A/S (NYSE:ABEV) has earned a consensus rating of “Hold” from the eight analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $6.00.

Several equities research analysts have weighed in on ABEV shares. JPMorgan Chase & Co. upgraded shares of AMBEV S A/S from an “underweight” rating to a “neutral” rating and set a $6.00 price objective for the company in a research report on Friday, July 26th. ValuEngine cut shares of AMBEV S A/S from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Bank of America upgraded shares of AMBEV S A/S from an “underperform” rating to a “neutral” rating in a research report on Tuesday, May 21st. Zacks Investment Research upgraded shares of AMBEV S A/S from a “sell” rating to a “hold” rating in a research report on Friday, July 26th. Finally, TheStreet cut shares of AMBEV S A/S from a “b-” rating to a “c+” rating in a research report on Friday, May 17th.

Shares of AMBEV S A/S stock traded down $0.02 during mid-day trading on Friday, reaching $4.66. 637,639 shares of the stock were exchanged, compared to its average volume of 26,598,568. The company has a market capitalization of $74.36 billion, a P/E ratio of 24.63, a price-to-earnings-growth ratio of 4.37 and a beta of 0.71. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 0.07. The company has a 50-day simple moving average of $4.96. AMBEV S A/S has a fifty-two week low of $3.77 and a fifty-two week high of $5.45.

AMBEV S A/S (NYSE:ABEV) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. The firm had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.18 billion. AMBEV S A/S had a net margin of 22.15% and a return on equity of 19.48%. On average, equities research analysts expect that AMBEV S A/S will post 0.2 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Comerica Securities Inc. boosted its stake in shares of AMBEV S A/S by 12.8% in the 4th quarter. Comerica Securities Inc. now owns 22,631 shares of the company’s stock valued at $90,000 after purchasing an additional 2,575 shares during the last quarter. Lenox Wealth Management Inc. boosted its stake in shares of AMBEV S A/S by 9.4% in the 1st quarter. Lenox Wealth Management Inc. now owns 34,141 shares of the company’s stock valued at $147,000 after purchasing an additional 2,923 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of AMBEV S A/S by 21.4% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 17,000 shares of the company’s stock valued at $73,000 after purchasing an additional 3,000 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of AMBEV S A/S by 21.9% in the 1st quarter. Parallel Advisors LLC now owns 18,242 shares of the company’s stock valued at $78,000 after purchasing an additional 3,276 shares during the last quarter. Finally, Unison Advisors LLC boosted its stake in shares of AMBEV S A/S by 1.4% in the 2nd quarter. Unison Advisors LLC now owns 250,941 shares of the company’s stock valued at $1,172,000 after purchasing an additional 3,367 shares during the last quarter. 7.35% of the stock is currently owned by institutional investors.

AMBEV S A/S Company Profile

Ambev SA, through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks (CSD), other non-alcoholic beverages, malt, and food products in the Americas. It operates through three segments: Latin America North, Latin America South, and Canada. The company offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Brahva Gold, Extra, Budweiser, Bud Light, Stella Artois, Corona, Modelo Especial, Beck, Leffe, Hoegaarden, Presidente, Brahma Light, President Light, Bohemia, The One, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Báltica, Ouro Fino, Pilsen, Patricia, Labatt Blue, Alexander Keith's, Kokanee, Banks, and Deputy brands.

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Analyst Recommendations for AMBEV S A/S (NYSE:ABEV)

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