Should this rise in Ambev’s shares continue? Is it time to buy company stock? Check out what the experts consulted by the UOL.
Relationship between inflation and Ambev
The IPC-S fell from 1.84% — measured in the second week of April — to 1.47% in the third week, thanks to the decline in the price of electricity and gasoline, according to Fundação Getúlio Vargas (FGV), which released the index.
High inflation indicates more expensive products, which reduces consumer purchasing power. According to analysts, consumers only buy drinks when they are not spending more on food, experts say.
Buying Ambev shares: is it worth it?
Although this inflationary factor affects Ambev’s shares, which rise and fall frequently, they are considered by some investors as a “safe haven”, as the company is seen as a solid and innovative company.
“It’s a more defensive role too, the investor runs to him when things get ugly,” says William Teixeira, an analyst at Messen.
For Toro Investimentos, even with the fluctuations, Ambev’s shares have “a certain balance”. Therefore, Toro recommends the purchase of the shares to investors. Messen also indicates the purchase, with a target price of R$ 18.80 per share.
BTG Pactual has a neutral position. In other words, it is not the time to buy or sell shares. Although the brewery has good conditions to continue dominating the market, the economic scenario is still seen by the bank as very challenging.
BTG’s expectation, according to the report, is that sales volumes in the first quarter will fall by 3% compared to the same period last year.