Compania Cervecerias Unidas (CCU) Trading Down 1.9%
Compania Cervecerias Unidas (NYSE:CCU)’s share price was down 1.9% during trading on Tuesday . The company traded as low as $22.13 and last traded at $22.20, with a volume of 101,588 shares trading hands. The stock had previously closed at $22.62.
CCU has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Compania Cervecerias Unidas from a “hold” rating to a “sell” rating in a research note on Friday, August 19th. TheStreet raised shares of Compania Cervecerias Unidas from a “hold” rating to a “buy” rating in a research note on Monday, June 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $25.00.
The firm has a 50-day moving average of $22.87 and a 200 day moving average of $21.95. The company has a market capitalization of $4.09 billion and a P/E ratio of 21.73.
Compania Cervecerias Unidas SA is a beverage company. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. It also participates in the home and office delivery (HOD), rum and confectionery industries in Chile; in the beer, water and soft drinks industries in Uruguay, and in the soft drinks, water and nectar industries and beer distribution in Paraguay and Bolivia.
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