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Compania Cervecerias Unidas S.A. (NYSE:CCU) posted its quarterly earnings results on Tuesday. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.18 by $0.02, American Banking and Market News reports.

Several analysts have recently commented on the stock. Analysts at TheStreet downgraded shares of Compania Cervecerias Unidas S.A. from a “buy” rating to a “hold” rating in a research note on Wednesday, July 9th. On a related note, analysts at Goldman Sachs downgraded shares of Compania Cervecerias Unidas S.A. from a “neutral” rating to a “sell” rating in a research note on Monday, July 7th. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Compania Cervecerias Unidas S.A. in a research note on Tuesday, June 3rd. They now have a $25.00 price target on the stock, up previously from $22.00.

Shares of Compania Cervecerias Unidas S.A. (NYSE:CCU) opened at 21.87 on Tuesday. Compania Cervecerias Unidas S.A. has a 1-year low of $20.46 and a 1-year high of $30.25. The stock’s 50-day moving average is $22.82 and its 200-day moving average is $22.5. The company has a market cap of $4.041 billion and a P/E ratio of 17.74.

Compania Cervecerias Unidas SA (NYSE:CCU) is a Chile-based holding company engaged in the production, packaging and distribution of diversified beverages that, through its subsidiaries and affiliates, has operations established in Chile, Argentina, the Cayman Islands and Liechtenstein.

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