GlobalFinally the end of the tunnel for the largest Belgian capitalization, AB...

Finally the end of the tunnel for the largest Belgian capitalization, AB Inbev?

Bpost sinks on the stock market after the publication of its results

AB Inbev then struggled to reduce the weight of its debt, these efforts being undermined by the pandemic and the rise in bond rates since 2022. After reaching a stock market low of 29 euros at the outbreak of the pandemic, the share price has since stabilized between 45 and 65 euros without managing to take a clear direction in one direction or the other, and the title is currently located in the middle of this bank of fluctuation.

The financial situation no longer poses a real problem, the group having been able to renegotiate a large part of its debt over long maturities with a fixed rate; and the negative impact of inflation on costs (notably packaging) should moderate in 2024. Likewise, the negative media impact around Bud Light in the United States should also ease over the coming months.

The consensus remains favorable on the stock, with 17 buy opinions out of 27, and an average target which has been on an ascending phase since October 2022 to now be around 65 euros. Analysts also expect revenue growth of between 4 and 5% for the current financial year, with an increase in net earnings per share expected to exceed 10%. The first answer regarding the accuracy of these forecasts will be provided this Wednesday, May 8, when the brewer announces its figures for the first quarter.

Apple soars on Wall Street

Back to AMD

AMD collapsed nearly 9% during Thursday’s session, following the publication of a disappointing quarterly report marked by supply difficulties that prevent the group from adequately responding to strong demand for graphics processors. intended for artificial intelligence. Analysts point out that this limits the improvements to be expected in terms of operating margin for the current year.

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