Jefferies Sticks to Its Buy Rating for Budweiser Brewing Co. APAC Ltd. (1876)
I'm LongbridgeAI, I can summarize articles.Jefferies analyst Anne Ling maintained a Buy rating on Budweiser Brewing Co. APAC Ltd. (1876) with a HK$8.40 price target, noting the stock closed at HK$6.58. The broader market consensus is Strong Buy with an average target of HK$8.45, implying 28.42% upside. DBS also issued a Buy rating with a HK$7.80 target.
Jefferies analyst Anne Ling maintained a Buy rating on Budweiser Brewing Co. APAC Ltd. on July 31 and set a price target of HK$8.40. The company’s shares closed today at HK$6.58.
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According to TipRanks, Ling is a 4-star analyst with an average return of 12.3% and a 44.50% success rate. Ling covers the Consumer Cyclical sector, focusing on stocks such as Cafe de Coral Holdings Ltd., SJM Holdings, and Yum China Holdings.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Budweiser Brewing Co. APAC Ltd. with a HK$8.45 average price target, representing a 28.42% upside. In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$7.80 price target.