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Companhia de Bebidas - AmBev (ABV) [hlAlert]

up 3.39 %

Companhia de Bebidas - AmBev (ABV) rated Overweight with price target $45 by Barclays

Posted on: Tuesday,  Nov 5, 2013  12:25 PM ET by Barclays

Barclays rated Overweight Companhia de Bebidas - AmBev (NYSE: ABV) on 11/05/2013, when the stock price was $35.98.
Since then, Companhia de Bebidas - AmBev has gained 3.39% as of 11/08/2013's recent price of $37.20.
If you would have followed this Barclays's recommendation on ABV, you would have gained 3.39% of your investment in 3 days.

Companhia de Bebidas das Americas - AmBev (AmBev), is a Brazil-based company. AmBev and its subsidiaries produce, sell and distribute beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated products in 14 countries across the Americas. AmBev is PepsiCo International, Inc. (PepsiCo?s) bottler outside the United States. The Company conducts its operations through three business units: Latin America North, Latin America South and Canada. Latin America North includes the Company?s operations in Brazil, where it operates two divisions: beer sales, and CSD and non-alcoholic, non-carbonated sales (NANC Brazil), and its Hispanic Latin America Operations, Excluding Latin America South, operations comprising the Dominican Republic, Ecuador, Guatemala (which also serves El Salvador and Nicaragua), Peru and Venezuela. Latin America South includes its Quilmes Industrial (Quinsa), Societe Anonyme operations in the countries of Argentina, Bolivia, Paraguay, Uruguay and Chile.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2013 12:25 PM Buy
35.98 45.00
as of 12/13/2013
1 Week   
1 Month   
3 Months up  3.39 %
1 YTD up  3.39 %

(*) Stock Price at the time of the recommendation.
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