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Ambev SA (NASDAQ:ABEV) declared a … dividend on Friday, May 30th, AR Network reports. Stockholders of record on Monday, June 9th will be given a dividend of 0.0003 per share on Thursday, June 19th. The ex-dividend date of this dividend is Thursday, June 5th.

Several analysts have recently commented on the stock. Analysts at Morgan Stanley raised their price target on shares of Ambev SA from $8.00 to $8.40 in a research note on Friday, May 23rd. On the ratings front, analysts at Bank of America reiterated a “positive” rating on shares of Ambev SA in a research note on Tuesday, May 13th. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Ambev SA in a research note on Thursday, May 1st. They now have a $7.90 price target on the stock.

Ambev SA (NASDAQ:ABEV) traded down 2.22% during mid-day trading on Friday, hitting $7.04. The stock had a trading volume of 12,738,706 shares. Ambev SA has a 52 week low of $6.23 and a 52 week high of $8.108. The stock has a 50-day moving average of $7.49 and a 200-day moving average of $7.23. The company has a market cap of $110.3 billion and a P/E ratio of 21.69.

Ambev SA (NASDAQ:ABEV) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.07 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.07. On average, analysts predict that Ambev SA will post $0.36 earnings per share for the current fiscal year.

Ambev SA, known as Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewers sector.

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