Ambev (ABEV) Getting Somewhat Favorable News Coverage, Analysis Shows
News articles about Ambev (NYSE:ABEV) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ambev earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.4559917117078 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
- Ambev SA (ABEV) – New 52-Week Low Stock in Focus – Wall Street Morning (wallstreetmorning.com)
- ETFs with exposure to Ambev SA : November 30, 2017 (finance.yahoo.com)
- Amazon.com, Inc., (NASDAQ: AMZN), Ambev SA, (NYSE: ABEV), Palo Alto Networks, Inc., (NYSE: PANW), Alaska Air … – Stocks In The News (press release) (tradingnewsnow.com)
- Solid Sales Growth Make Ambev (ABEV) a Buy – Investorplace.com (investorplace.com)
A number of research analysts have issued reports on the company. BidaskClub cut Ambev from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 28th. Evercore ISI set a $9.00 target price on Ambev and gave the company a “buy” rating in a research report on Sunday, October 15th. Zacks Investment Research upgraded Ambev from a “hold” rating to a “buy” rating and set a $7.50 target price on the stock in a research report on Monday, October 2nd. Barclays reiterated an “equal weight” rating and issued a $7.00 target price (up previously from $6.00) on shares of Ambev in a research report on Friday, October 27th. Finally, TheStreet cut Ambev from a “b” rating to a “c+” rating in a research report on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $7.83.
Ambev (NYSE ABEV) traded up $0.03 during trading on Friday, reaching $6.22. The company’s stock had a trading volume of 14,311,074 shares, compared to its average volume of 19,864,150. Ambev has a 1 year low of $4.70 and a 1 year high of $7.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.76 and a current ratio of 0.95. The company has a market capitalization of $97,189.82, a PE ratio of 26.91 and a beta of 0.71.
Ambev Company Profile
Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewing sector. The Company produces and sells beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. The Company’s activities are divided into three segments: Latin America North, including sell of beer, CSD and NANC drinks in Brazil, as well as operations in Dominican Republic, Saint Vincent, Antigua, Dominica, Guatemala, El Salvador, Nicaragua and Cuba; Latin America South, distributing products in Argentina, Bolivia, Paraguay, Uruguay, Chile, Ecuador, Peru and Colombia, and Canada, represented by Labatt’s operations, which comprises sales in Canada.
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