Compañía Cervecerías Unidas S.A. (NYSE:CCU) Receives $12.88 Consensus Target Price from Analysts

Shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU) have been given an average recommendation of “Reduce” by the five brokerages that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $12.88.

CCU has been the subject of a number of research reports. StockNews.com upgraded Compañía Cervecerías Unidas from a “hold” rating to a “buy” rating in a research note on Tuesday, August 20th. The Goldman Sachs Group cut shares of Compañía Cervecerías Unidas from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $12.90 to $10.50 in a research report on Monday, August 26th. Finally, JPMorgan Chase & Co. lowered shares of Compañía Cervecerías Unidas from an “overweight” rating to an “underweight” rating and reduced their target price for the stock from $21.00 to $10.00 in a research report on Thursday, August 8th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CCU. D.A. Davidson & CO. bought a new stake in shares of Compañía Cervecerías Unidas during the fourth quarter worth approximately $209,000. Trexquant Investment LP bought a new stake in shares of Compañía Cervecerías Unidas during the 4th quarter valued at $385,000. Privium Fund Management UK Ltd acquired a new position in shares of Compañía Cervecerías Unidas in the 4th quarter valued at $952,000. Wellington Management Group LLP boosted its position in shares of Compañía Cervecerías Unidas by 3.9% in the 4th quarter. Wellington Management Group LLP now owns 530,075 shares of the company’s stock worth $6,647,000 after purchasing an additional 19,881 shares during the last quarter. Finally, Baillie Gifford & Co. grew its stake in shares of Compañía Cervecerías Unidas by 124.3% during the first quarter. Baillie Gifford & Co. now owns 760,470 shares of the company’s stock worth $9,118,000 after purchasing an additional 421,374 shares during the period. 24.07% of the stock is currently owned by institutional investors and hedge funds.

Compañía Cervecerías Unidas Price Performance

NYSE:CCU opened at $11.64 on Friday. The company has a quick ratio of 1.60, a current ratio of 2.29 and a debt-to-equity ratio of 0.82. The firm has a market cap of $2.15 billion, a PE ratio of 20.09, a price-to-earnings-growth ratio of 1.55 and a beta of 0.87. Compañía Cervecerías Unidas has a 12 month low of $10.00 and a 12 month high of $13.74. The company’s 50-day moving average price is $11.00 and its two-hundred day moving average price is $11.75.

Compañía Cervecerías Unidas (NYSE:CCU) last announced its earnings results on Wednesday, August 7th. The company reported ($0.09) EPS for the quarter. Compañía Cervecerías Unidas had a return on equity of 5.75% and a net margin of 4.22%. The business had revenue of $561.95 million during the quarter. On average, equities analysts anticipate that Compañía Cervecerías Unidas will post 0.73 EPS for the current fiscal year.

About Compañía Cervecerías Unidas

Compañía Cervecerías Unidas SA 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.