AB InBev Doesn't Need Any Heroics

Dow Jones
昨天

1210 GMT - Bud brewer AB InBev doesn't need to do much more than keep a steady ship, James Edwardes Jones at RBC Capital Markets says ahead of a capital markets day set for later this month. The beer giant has shown signs of a sustained rebound this year following a tough period of sliding demand. "Predictable continuity would do very nicely," Edwardes Jones says. Analysts and investors will be looking for the group to show it can ensure continued evolution of its portfolio, as well as grow its margins and allocate capital smartly, he says. RBC has an outperform rating and a 93-euro target on the Brussels-listed stock. "Our price target doesn't need anything heroic, just confidence that AB InBev can keep doing what it's doing," Edwardes Jones says.

 

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