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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