Ambev S.A. (ABEV) is currently trading at $3.23 with a Wall Street consensus price target of $3.39, implying potential upside of 5.1% over the next 12 months. 10 analysts currently cover ABEV, with a consensus rating of Hold — 20% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $4.0, while the most cautious has a target of $2.6.
ABEV operates in the Consumer Defensive sector with a market capitalisation of $50B. The stock is up 31.1% year-to-date and is currently trading near the upper end of its 52-week range of $2.1 – $3.45.
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