Compania Cervecerias Unidas, S. with ticker code (CCU) now have 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 17.8 and 13.4 calculating the mean target price we have $15.73. Given that the stocks previous close was at $15.12 and the analysts are correct then we can expect a percentage increase in value of 4.0%. The 50 day moving average now sits at $15.35 and the 200 moving average now moves to $12.56. The market cap for the company is $2,755m. Visit the company website at: https://www.ccu.cl
The potential market cap would be $2,866m based on the market consensus.
Compañía Cervecerías Unidas S.A. operates as a beverage company in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay. The company operates through three segments: Chile, International Business, and Wine. It produces and sells alcoholic and non-alcoholic beer under proprietary and licensed brands, as well as distributes Pernod Ricard products in non-supermarket retail stores. The company also produces and sells non-alcoholic beverages, including carbonated soft drinks, nectars and juices, sports and energy drinks, and ice tea; and mineral, purified, and flavored bottled water, as well as ready-to-mix products with instant powder drinks. In addition, it is involved in the production and distribution of pisco, cocktails, rum, flavored alcoholic beverages, gin, and cider. The company serves small and medium-sized retail outlets; retail establishments, such as restaurants, hotels, and bars; wholesalers; and supermarket chains. It also exports its products to Europe, Latin America, the United States, Canada, Asia, Oceania, and internationally. The company was founded in 1850 and is based in Santiago, Chile. Compañía Cervecerías Unidas S.A. is a subsidiary of Inversiones y Rentas S.A.
The company has a dividend yield of 2.08% with the ex dividend date set at 20-4-2023 (DMY).
