• Consensus Rating: Hold
  • Consensus Price Target: $3.20
  • Forecasted Upside: 37.63%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$2.33
▲ +0.03 (1.31%)

This chart shows the closing price for ABEV by one month, three months, or twelve months.

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Analyst Price Target for ABEV

Analyst Price Target is $3.20
▲ +37.63% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Ambev in the last 3 months. The average price target is $3.20, with a high forecast of $3.74 and a low forecast of $2.86. The average price target represents a 37.63% upside from the last price of $2.33.

This chart shows the closing price for ABEV for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 contributing investment analysts is to hold stock in Ambev. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/4/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
2/2/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/3/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/1/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/30/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/28/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/28/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/27/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/4/2024BarclaysDowngradeOverweight ➝ Equal Weight$3.50 ➝ $3.00Low
3/1/2024JPMorgan Chase & Co.Reiterated RatingOverweight ➝ NeutralLow
12/8/2023Morgan StanleyUpgradeUnderweight ➝ Equal WeightLow
12/7/2023CitigroupInitiated CoverageBuyLow
11/22/2023Jefferies Financial GroupInitiated CoverageHold$2.86Low
7/10/2023Bank of AmericaUpgradeNeutral ➝ BuyLow
5/24/2023Sanford C. BernsteinInitiated CoverageOutperform$3.74Low
1/12/2023UBS GroupUpgradeSell ➝ BuyLow
7/13/2022JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightN/A
1/24/2022CitigroupUpgradeNeutral ➝ BuyLow
11/3/2021Bank of AmericaUpgradeUnderperform ➝ Neutral$3.00 ➝ $3.50Medium
10/6/2021BarclaysUpgradeEqual Weight ➝ Overweight$4.00 ➝ $3.50Medium
8/13/2021The Goldman Sachs GroupInitiated CoverageSellLow
6/23/2021Grupo SantanderDowngradeBuy ➝ HoldLow
6/17/2021BarclaysUpgradeUnderweight ➝ Equal Weight$2.50 ➝ $4.00High
5/26/2021Itau BBA SecuritiesReiterated RatingOutperform ➝ Market Perform$3.60Low
5/20/2021Itau BBA SecuritiesDowngradeOutperform ➝ Market Perform$3.60Low
4/26/2021CitigroupDowngradeBuy ➝ NeutralLow
4/8/2021ScotiabankInitiated CoverageOutperformLow
3/5/2021Bradesco CorretoraUpgradeUnderperform ➝ NeutralMedium
1/13/2021Bradesco CorretoraDowngradeNeutral ➝ UnderperformLow
12/7/2020HSBCUpgradeHold ➝ BuyMedium
12/3/2020Morgan StanleyDowngradeEqual Weight ➝ UnderweightLow
11/3/2020Smith Barney CitigroupUpgradeNeutral ➝ BuyLow
9/14/2020HSBCUpgradeReduce ➝ HoldHigh
7/31/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ NeutralHigh
3/24/2020JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
2/25/2020HSBCDowngradeHold ➝ ReduceMedium
12/3/2019BarclaysDowngradeEqual Weight ➝ Underweight$3.50Low
11/15/2019UBS GroupReiterated RatingSell$4.30 ➝ $3.90Low
8/27/2019BarclaysDowngradeOverweight ➝ Equal WeightLow
8/8/2019Itau BBA SecuritiesDowngradeOutperform ➝ Market PerformLow
7/26/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$6.00Medium
5/21/2019Bank of AmericaUpgradeUnderperform ➝ NeutralMedium
(Data available from 4/27/2019 forward)

News Sentiment Rating

0.38 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
9/30/2023
  • 5 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/30/2023
  • 6 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/29/2023
  • 6 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/29/2023
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/28/2024
  • 13 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/27/2024
  • 10 very positive mentions
  • 21 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
3/28/2024
  • 7 very positive mentions
  • 4 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
4/27/2024

Current Sentiment

  • 7 very positive mentions
  • 4 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Ambev logo
Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas under the Guaraná Antarctica, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Do Bem, Pepsi-Cola, Canada Dry, Squirt, Red Rock, Red Bull, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay, and Mike's brands. It offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.
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Today's Range

Now: $2.33
Low: $2.32
High: $2.35

50 Day Range

MA: $2.46
Low: $2.26
High: $2.69

52 Week Range

Now: $2.33
Low: $2.23
High: $3.23

Volume

5,890,417 shs

Average Volume

11,970,646 shs

Market Capitalization

$36.62 billion

P/E Ratio

12.92

Dividend Yield

11.06%

Beta

1.08

Frequently Asked Questions

What sell-side analysts currently cover shares of Ambev?

The following Wall Street research analysts have issued stock ratings on Ambev in the last year: Bank of America Co., Barclays PLC, Citigroup Inc., Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Sanford C. Bernstein, StockNews.com, and TheStreet.
View the latest analyst ratings for ABEV.

What is the current price target for Ambev?

3 Wall Street analysts have set twelve-month price targets for Ambev in the last year. Their average twelve-month price target is $3.20, suggesting a possible upside of 37.6%. Sanford C. Bernstein has the highest price target set, predicting ABEV will reach $3.74 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $2.86 for Ambev in the next year.
View the latest price targets for ABEV.

What is the current consensus analyst rating for Ambev?

Ambev currently has 4 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ABEV, but not buy more shares or sell existing shares.
View the latest ratings for ABEV.

What other companies compete with Ambev?

How do I contact Ambev's investor relations team?

Ambev's physical mailing address is RUA DR. RENATO PAES DE BARROS 1017 3 ANDAR PARTE, SAO PAULO D5, 04530-001. The company's listed phone number is 551121221200 and its investor relations email address is [email protected]. The official website for Ambev is www.ambev.com.br. Learn More about contacing Ambev investor relations.