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.
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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
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