Compania Cervecerias Unidas S.A. Hits New 52-Week Low at $20.46 (CCU)
Shares of Compania Cervecerias Unidas S.A. (NYSE:CCU) hit a new 52-week low during trading on Wednesday, Analyst Ratings News reports. The stock traded as low as $20.46 and last traded at $20.61, with a volume of 366,764 shares trading hands. The stock had previously closed at $21.42.
A number of analysts have recently weighed in on CCU shares. Analysts at Zacks downgraded shares of Compania Cervecerias Unidas S.A. from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, January 28th. They now have a $20.50 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Compania Cervecerias Unidas S.A. in a research note to investors on Tuesday, November 12th. They set a “neutral” rating on the stock. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. Compania Cervecerias Unidas S.A. currently has a consensus rating of “Hold” and an average target price of $20.50.
Compania Cervecerias Unidas S.A. has a 52 week low of $20.52 and a 52 week high of $34.95. The stock’s 50-day moving average is $22.81 and its 200-day moving average is $25.67. The company has a market cap of $3.530 billion and a P/E ratio of 13.80.
Compania Cervecerias Unidas S.A. (NYSE:CCU) last released its earnings data on Tuesday, February 4th. The company reported $0.60 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.10. Analysts expect that Compania Cervecerias Unidas S.A. will post $1.36 EPS for the current fiscal year.
Compania Cervecerias Unidas SA (NYSE:CCU) is a diversified beverage holding company that, through its subsidiaries and affiliates, has operations established in Chile, Argentina, the Cayman Islands and Liechtenstein.
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