Analysts Set Compania Cervecerias Unidas, S.A. (NYSE:CCU) PT at $12.00

Compania Cervecerias Unidas, S.A. (NYSE:CCU) has been given an average rating of “Reduce” by the five ratings firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $12.00.

CCU has been the topic of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Compania Cervecerias Unidas in a report on Monday, December 29th. JPMorgan Chase & Co. lifted their target price on shares of Compania Cervecerias Unidas from $10.00 to $14.00 and gave the stock an “underweight” rating in a research report on Monday, February 2nd. Finally, Zacks Research upgraded shares of Compania Cervecerias Unidas from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd.

Institutional Trading of Compania Cervecerias Unidas

Large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. acquired a new stake in shares of Compania Cervecerias Unidas in the first quarter worth $579,000. Jane Street Group LLC acquired a new position in Compania Cervecerias Unidas during the first quarter valued at $194,000. Rhumbline Advisers raised its position in Compania Cervecerias Unidas by 140.6% during the first quarter. Rhumbline Advisers now owns 6,555 shares of the company’s stock valued at $100,000 after buying an additional 3,831 shares during the period. American Century Companies Inc. lifted its stake in Compania Cervecerias Unidas by 172.2% in the 2nd quarter. American Century Companies Inc. now owns 173,672 shares of the company’s stock worth $2,244,000 after acquiring an additional 109,867 shares in the last quarter. Finally, Russell Investments Group Ltd. purchased a new stake in Compania Cervecerias Unidas in the 2nd quarter worth about $164,000. 24.07% of the stock is owned by institutional investors and hedge funds.

Compania Cervecerias Unidas Trading Up 2.6%

NYSE CCU opened at $11.04 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.34 and a current ratio of 1.90. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 3.19 and a beta of 0.50. The company’s 50 day moving average price is $13.34 and its 200 day moving average price is $12.91. Compania Cervecerias Unidas has a one year low of $10.71 and a one year high of $15.75.

Compania Cervecerias Unidas (NYSE:CCU) last announced its earnings results on Saturday, February 14th. The company reported $0.33 EPS for the quarter. Compania Cervecerias Unidas had a return on equity of 7.20% and a net margin of 4.03%.The business had revenue of $948.09 million during the quarter. On average, sell-side analysts predict that Compania Cervecerias Unidas will post 0.68 EPS for the current year.

About Compania Cervecerias Unidas

Compañía Cervecerías Unidas SA (NYSE: CCU) is a Chile-based beverages company with operations across Latin America. The company engages in the production, marketing and distribution of beer, soft drinks, wines, mineral water and other non-alcoholic beverages. Through a combination of owned brands and licensing agreements, CCU serves both domestic and export markets with a diversified portfolio designed to meet evolving consumer tastes.

In its beer segment, CCU produces flagship brands such as Cristal, Escudo and Royal Guard, while also brewing international labels under license, including Heineken in select markets.