AB InBev: UBS remains Buy despite lowered target

(CercleFinance.com) - UBS reiterates its 'buy' recommendation on AB InBev, while reducing its target price from 72 to 70 euros, a new target which nevertheless leaves a potential upside of 39% for the share of the Belgian owner of Stella Artois, Budweiser and Corona beers.


AB InBev can continue to be at the top end of its organic EBITDA growth range of 4-8%", according to UBS (which expects +7.1% for 2025), "with sales growth accelerating in the second half of the year".

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