Compañía Cervecerías Unidas S.A. operates as a beverage company in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay. The company operates through three segments: Chile, International Business, and Wine. It produces and sells alcoholic and non-alcoholic beer under proprietary and licensed brands, as well as distributes Pernod Ricard products in non-supermarket retail stores. The company also produces and sells non-alcoholic beverages, including carbonated soft drinks, nectars and juices, sports and energy drinks, and ice tea; and mineral, purified, and flavored bottled water, as well as ready-to-mix products with instant powder drinks. In addition, it is involved in the production and distribution of pisco, cocktails, rum, flavored alcoholic beverages, gin, and cider. The company serves small and medium-sized retail outlets; retail establishments, such as restaurants, hotels, and bars; wholesalers; and supermarket chains. It also exports its products to Europe, Latin America, the United States, Canada, Asia, Oceania, and internationally. The company was founded in 1850 and is based in Santiago, Chile. Compañía Cervecerías Unidas S.A. is a subsidiary of Inversiones y Rentas S.A.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the company. StockNews.com lowered Compañía Cervecerías Unidas from a "strong-buy" rating to a "buy" rating in a research report on Monday, August 8th. HSBC upgraded shares of Compañía Cervecerías Unidas from a "hold" rating to a "buy" rating in a report on Tuesday, April 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $17.00.
Compañía Cervecerías Unidas Trading Up 1.4 %
Shares of NYSE:CCU opened at $11.21 on Friday. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.72. Compañía Cervecerías Unidas has a one year low of $10.61 and a one year high of $21.03. The business has a 50-day moving average price of $12.10 and a two-hundred day moving average price of $13.75. The firm has a market capitalization of $2.07 billion, a PE ratio of 9.58, a PEG ratio of 0.91 and a beta of 0.83.