ANALYSIS FLASH: JPMorgan puts AB Inbev on 'Positive Catalyst Watch' | 09.09.24

NEW YORK (dpa-AFX Broker) – The US bank JPMorgan has awarded AB Inbev (Anheuser-Busch InBev) the status of “Positive Catalyst Watch”. In her commentary on Monday, analyst Celine Pannuti expressed her positive expectations for the brewery group for the next two months. With a view to the holding period for Altria's remaining AB Inbev share, which is about to end, the issue of cash distributions will come into focus in the next quarterly figures presentation. AB Inbev's debt is likely to fall. In addition, Pannuti expects organic operating margin growth (Ebitda) to reach the upper end of the company's target range. Her fundamental assessment of the share remains “Overweight” with a price target of 72 euros./gl/ag

Publication of the original study: 08.09.2024 / 21:57 / BST First distribution of the original study: 09.09.2024 / 00:15 / BST