Latest news with #BudweiserBrewingCo.APACLtd.
Business Insider
3 days ago
- Business
- Business Insider
DBS Keeps Their Buy Rating on Budweiser Brewing Co. APAC Ltd. (1876)
In a report released today, Clement Xu from DBS maintained a Buy rating on Budweiser Brewing Co. APAC Ltd. (1876 – Research Report), with a price target of HK$9.40. The company's shares closed last Friday at HK$7.83. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Xu is a 3-star analyst with an average return of 2.6% and a 49.12% success rate. Xu covers the Consumer Defensive sector, focusing on stocks such as Budweiser Brewing Co. APAC Ltd., China Resources Beer (Holdings) Co, and Tsingtao Brewery Co. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Budweiser Brewing Co. APAC Ltd. with a HK$11.09 average price target, a 41.63% upside from current levels. In a report released on June 27, Goldman Sachs also maintained a Buy rating on the stock with a HK$9.00 price target. Based on Budweiser Brewing Co. APAC Ltd.'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$22.11 billion and a net profit of HK$1.44 billion. In comparison, last year the company earned a revenue of HK$24.91 billion and had a net profit of HK$2.16 billion
Business Insider
4 days ago
- Business
- Business Insider
Budweiser Brewing Co. APAC Ltd. (1876) Gets a Buy from Goldman Sachs
In a report released yesterday, Leaf Liu from Goldman Sachs maintained a Buy rating on Budweiser Brewing Co. APAC Ltd. (1876 – Research Report), with a price target of HK$9.00. The company's shares closed yesterday at HK$7.83. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Liu is a 2-star analyst with an average return of 1.5% and a 45.00% success rate. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Budweiser Brewing Co. APAC Ltd. with a HK$11.51 average price target. Based on Budweiser Brewing Co. APAC Ltd.'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$22.11 billion and a net profit of HK$1.44 billion. In comparison, last year the company earned a revenue of HK$24.91 billion and had a net profit of HK$2.16 billion
