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Ambev (ABEV) Stock Forecast & Price Target

$2.10
-0.02 (-0.94%)
(As of 07/24/2024 ET)

Ambev - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 5 Wall Street analysts who have issued ratings for Ambev in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 4 have given a hold rating, and 1 has given a buy rating for ABEV.

Consensus Price Target

$2.68
27.62% Upside
High Forecast$2.86
Average Forecast$2.68
Low Forecast$2.50

According to the 5 analysts' twelve-month price targets for Ambev, the average price target is $2.68. The highest price target for ABEV is $2.86, while the lowest price target for ABEV is $2.50. The average price target represents a forecasted upside of 27.62% from the current price of $2.10.

TypeCurrent Forecast
7/26/23 to 7/25/24
1 Month Ago
6/26/23 to 6/25/24
3 Months Ago
4/27/23 to 4/26/24
1 Year Ago
7/26/22 to 7/26/23
Consensus Rating
Hold
Hold
Hold
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$2.68$2.68$3.20$3.74
Forecasted Upside27.62% Upside5.62% Upside18.59% Upside29.86% Upside
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ABEV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ABEV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ambev Stock vs. The Competition

TypeAmbevConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.20
2.44
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside27.62% Upside709.50% Upside10.62% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/9/2024Barclays
2 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$3.00 ➝ $2.50+6.84%
3/1/2024JPMorgan Chase & Co.
3 of 5 stars
 Reiterated RatingOverweight ➝ Neutral
12/8/2023Morgan Stanley
3 of 5 stars
 UpgradeUnderweight ➝ Equal Weight
12/7/2023Citigroup
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 Initiated CoverageBuy
11/22/2023Jefferies Financial Group
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 Initiated CoverageHold$2.86+4.57%
7/10/2023Bank of America
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 UpgradeNeutral ➝ Buy
5/24/2023Sanford C. Bernstein
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 Initiated CoverageOutperform$3.74+29.86%
1/12/2023UBS Group
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 UpgradeSell ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:36 AM ET.

ABEV Forecast - Frequently Asked Questions

What is Ambev's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Ambev is $2.68, with a high forecast of $2.86 and a low forecast of $2.50.

Should I buy or sell Ambev stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambev in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ABEV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABEV, but not buy additional shares or sell existing shares.

Does Ambev's stock price have much upside?

According to analysts, Ambev's stock has a predicted upside of 5.62% based on their 12-month stock forecasts.

What analysts cover Ambev?

Ambev has been rated by research analysts at Barclays in the past 90 days.

Do Wall Street analysts like Ambev more than its competitors?

Analysts like Ambev less than other "consumer staples" companies. The consensus rating score for Ambev is 2.20 while the average consensus rating score for "consumer staples" companies is 2.44. Learn more on how ABEV compares to other companies.


This page (NYSE:ABEV) was last updated on 7/25/2024 by MarketBeat.com Staff

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