In a research note, Goldman Sachs analyst Olivier Nicolai has maintained his recommendation on the stock with a Buy rating. No major update to the target price set at EUR 71 compared to EUR 72.
Anheuser-Busch InBev SA/NV is one of the world's leading producers of beers. The group's activity is organized around two sectors:
- production of beers: Budweiser, Corona, Stella Artois, Beck's, Leffe, Hoegaarden, Castle, Castle Lite, Bud Light, Skol, Brahma, Quilmes, Michelob, Harbin, Sedrin brands, etc.;
- production, bottling and sales of alcohol-free drinks: soft drinks, malt beverages, bottled waters and ice teas.
Net sales are distributed geographically as follows: Europe/Middle East/Africa (15.1%), Central America (28.5%), North America (24.5%), Latin America (20.8%), Asia/Pacific (10.4%) and other (0.7%).
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