Ab InBev: UBS confident ahead of quarterly results
(CercleFinance.com) - UBS reaffirms its 'buy' recommendation on Ab InBev, with a price target maintained at 72 euros, a target offering 21% upside potential for the share of the Belgian owner of Stella Artois, Budweiser and Corona beers.
The third quarter will again see double-digit organic EBITDA growth, with higher margins offsetting lower volumes, and will be a potential catalyst for increased cash returns", the broker predicts.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
The third quarter will again see double-digit organic EBITDA growth, with higher margins offsetting lower volumes, and will be a potential catalyst for increased cash returns", the broker predicts.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.