Compania Cervecerias Unidas Rating Reiterated by JPMorgan Chase & Co. (CCU)
Compania Cervecerias Unidas (NYSE:CCU)‘s stock had its “neutral” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Tuesday. They currently have a $25.00 target price on the stock, up from their previous target price of $22.00. JPMorgan Chase & Co.’s price target points to a potential upside of 7.07% from the company’s current price.
Compania Cervecerias Unidas (NYSE:CCU) traded down 0.04% during mid-day trading on Tuesday, hitting $23.34. The stock had a trading volume of 18,131 shares. Compania Cervecerias Unidas has a 52 week low of $20.46 and a 52 week high of $30.25. The stock has a 50-day moving average of $23.16 and a 200-day moving average of $22.71. The company has a market cap of $4.312 billion and a P/E ratio of 18.68.
CCU has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Compania Cervecerias Unidas from an “underperform” rating to a “neutral” rating in a research note on Monday. They now have a $24.10 price target on the stock. Separately, analysts at TheStreet upgraded shares of Compania Cervecerias Unidas from a “hold” rating to a “buy” rating in a research note on Tuesday, May 6th. Finally, analysts at TheStreet downgraded shares of Compania Cervecerias Unidas from a “buy” rating to a “hold” rating in a research note on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. Compania Cervecerias Unidas presently has a consensus rating of “Hold” and a consensus target price of $24.55.
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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