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Ambev

ABEVNYSE
$2.10
00.00%
At Close: -
$2.09
-0.01-0.48%
After Hours: 7:50 PM EDT
15 minutes delayed
Q2 2024 Earnings in 7 days from now on Thu Aug 1st, before the market open
Conference call scheduled in 7 days at 11:30 AM Click to view the webcast
Consensus Rating1
Outperform
Highest Price Target1
$3.74
Lowest Price Target1
$2.50
Consensus Price Target1
$3.03

Ambev (NYSE:ABEV) Stock, Analyst Ratings, Price Targets, Forecasts

Ambev SA has a consensus price target of $3.03 based on the ratings of 5 analysts. The high is $3.74 issued by Bernstein on May 24, 2023. The low is $2.5 issued by Barclays on May 9, 2024. The 3 most-recent analyst ratings were released by Barclays, Barclays, and Jefferies on May 9, 2024, March 4, 2024, and November 22, 2023, respectively. With an average price target of $2.79 between Barclays, Barclays, and Jefferies, there's an implied 33.33% upside for Ambev SA from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.6
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
Jefferies
Bernstein

1calculated from analyst ratings

Analyst Ratings for Ambev

Buy NowGet Alert
05/09/2024Buy Now19.62%Barclays
Benjamin Theurer
$3 → $2.5MaintainsEqual-WeightGet Alert
03/04/2024Buy Now43.54%Barclays
Benjamin Theurer
$3.5 → $3DowngradeOverweight → Equal-WeightGet Alert
11/22/2023Buy Now36.84%Jefferies
Alex Wright
→ $2.86Initiates → HoldGet Alert
05/24/2023Buy Now78.95%Bernstein
Nadine Sarwat
→ $3.74Initiates → OutperformGet Alert
07/13/2022Buy NowJP Morgan
Lucas Ferreira
UpgradeNeutral → OverweightGet Alert
11/03/2021Buy NowB of A SecuritiesUpgradeUnderperform → NeutralGet Alert
10/06/2021Buy Now67.46%Barclays
Benjamin Theurer
UpgradeEqual-Weight → OverweightGet Alert

FAQ

Q

What is the target price for Ambev (ABEV) stock?

A

The latest price target for Ambev (NYSE:ABEV) was reported by Barclays on May 9, 2024. The analyst firm set a price target for $2.50 expecting ABEV to rise to within 12 months (a possible 19.62% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Ambev (ABEV)?

A

The latest analyst rating for Ambev (NYSE:ABEV) was provided by Barclays, and Ambev maintained their equal-weight rating.

Q

When was the last upgrade for Ambev (ABEV)?

A

The last upgrade for Ambev SA happened on July 13, 2022 when JP Morgan raised their price target to N/A. JP Morgan previously had a neutral for Ambev SA.

Q

When was the last downgrade for Ambev (ABEV)?

A

The last downgrade for Ambev SA happened on March 4, 2024 when Barclays changed their price target from $3.5 to $3 for Ambev SA.

Q

When is the next analyst rating going to be posted or updated for Ambev (ABEV)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ambev, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ambev was filed on May 9, 2024 so you should expect the next rating to be made available sometime around May 9, 2025.

Q

Is the Analyst Rating Ambev (ABEV) correct?

A

While ratings are subjective and will change, the latest Ambev (ABEV) rating was a maintained with a price target of $3.00 to $2.50. The current price Ambev (ABEV) is trading at is $2.09, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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