Home Business Ambev SA (ABEV) Receiving Somewhat Critical Media Coverage, Study Shows

Ambev SA (ABEV) Receiving Somewhat Critical Media Coverage, Study Shows

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News coverage about Ambev SA (NYSE:ABEV) has trended somewhat negative this week, AlphaOne reports. The research firm, a division of Accern, rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ambev SA earned a media sentiment score of 0.00 on AlphaOne’s scale. AlphaOne also gave news stories about the company an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near future.

These are some of the media headlines that may have impacted AlphaOne Sentiment Analysis’s analysis:

  • Deutsche reiterated Imperial Brands (LON:IMB) as ‘Buy’ With 4100 PT (giftedviz.com)
  • Ambev S.A. (ABEV) Sky Rocketed 1.56% in the last trading session (xboxonezone.com)
  • Ambev Reports 2017 First Quarter Results Under IFRS (finance.yahoo.com)
  • Ambev posts 1Q profit (finance.yahoo.com)
  • Ambev S.A.’s (ABEV) has a value of $5.84 per share While Eldorado Gold Corporation’s (EGO) is stand at $3.48 – Stocks Gallery (stocksgallery.com)

ABEV has been the subject of several research reports. Zacks Investment Research upgraded shares of Ambev SA from a “sell” rating to a “buy” rating and set a $6.25 price target for the company in a report on Tuesday, February 14th. Citigroup Inc cut shares of Ambev SA from a “buy” rating to a “neutral” rating in a report on Friday, March 3rd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $6.21.

Shares of Ambev SA (NYSE:ABEV) opened at 5.88 on Tuesday. The firm has a 50-day moving average of $5.71 and a 200-day moving average of $5.44. The firm has a market capitalization of $92.32 billion, a PE ratio of 23.61 and a beta of 0.72. Ambev SA has a 1-year low of $4.70 and a 1-year high of $6.34.

Ambev SA 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.