News

BELGIUM: InBev sees share rating cut twice

Most popular

Campari faces familiar troubles - analysis

Why 'disaster' is no hyperbole for French wine

How A-B InBev's Brito changed the drinks industry

COVID prompts spirits RTD tsunami - comment

Will 2020 see Campari Group back on the M&A hunt?

MORE

Belgian brewing giant InBev has today (30 March) seen its share rating cut twice by industry analysts.

ING has lowered its rating on InBev to "hold" from "buy", noting uncertainty surrounding the level of the Brazilian real - which could hit its AmBev operations - and controversy over its cost-saving programmes in Western Europe.

"We see increasing risk in InBev. This is mainly related to further uncertainties regarding Brazilian economic policy. The perception of cost savings and product launches also raises the pressure," said ING.

The bank also lowered its target price on the stock from EUR44.7 (US$54.3) to EUR40.

Meanwhile, Morgan Stanley cut its rating on InBev to "equal-weight" from "overweight".

The moves come two days after around 2,000 workers protested at the brewer's HQ against its plans to shed jobs across Western Europe.


Sectors: Beer & cider

Companies: Anheuser-Busch InBev

Related Content

Anheuser-Busch InBev Performance Trends 2015-2019 - results data

Anheuser-Busch InBev Performance Trends 2015-2019 - results data...

Groans turn to cheers as Anheuser-Busch InBev divestment brings Australian sunshine - Analysis

Groans turn to cheers as Anheuser-Busch InBev divestment brings Australian sunshine - Analysis...

Anheuser-Busch InBev Performance Trends 2016-20 - results data

Anheuser-Busch InBev Performance Trends 2016-20 - results data...

Anheuser-Busch InBev takes on Beam Suntory distribution in Brazil

Anheuser-Busch InBev takes on Beam Suntory distribution in Brazil...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?