Ambev S.A. (NYSE:ABEV – Get Free Report) has been given an average recommendation of “Moderate Buy” by the four ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among […]
Sprucegrove Investment Management Ltd. trimmed its holdings in Ambev S.A. (NYSE:ABEV – Free Report) by 7.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,811,452 shares of the company’s stock after selling 6,720,608 shares during the period. Ambev accounts for approximately 13.2% of […]