We rank companies based on fund manager, research analyst and news sentiment
ABEV

Ambev
ABEV

$2.28
1.33%
 

About: Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2023.

Employees: 42,774

0
Funds holding %
of 6,474 funds
Analysts bullish %
0
News positive %
of 4 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

25% more call options, than puts

Call options by funds: $1.62M | Put options by funds: $1.29M

7% more capital invested

Capital invested by funds: $3.34B [Q3] → $3.57B (+$233M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]

0.12% less ownership

Funds ownership: 8.22% [Q3] → 8.1% (-0.12%) [Q4]

1% less funds holding

Funds holding: 332 [Q3] → 330 (-2) [Q4]

5% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 43

17% less repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 123

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$2.86
25%
upside
Avg. target
$2.93
29%
upside
High target
$3
32%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Barclays
Benjamin Theurer
32%upside
$3
Equal-Weight
Downgraded
4 Mar 2024
Jefferies
Alex Wright
25%upside
$2.86
Hold
Initiated
22 Nov 2023

Financial journalist opinion

Based on 4 articles about ABEV published over the past 30 days