Aboutme.Profsubin: Buy AB InBev Shares If It Rises Above $55.74, Then You Will Get The Share To $73 & Above

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 Aboutme.Profsubin: Buy AB InBev Shares If It Rises Above $55.74, Then You Will Get The Share To $73 & Above

AB InBev wants premium brands to make up 50% of its total sales - The Economic Times

1. AB InBev is a Belgium-Brazil based multinational brewing drink company.

2. Head Quartered in New York City.

3. Registered office in Sao Paulo, London, Mexico City, Bremen, St. Louis, Johannesburg, etc.

4. Having almost 630 Beer Brands in 150 countries.

5. Merger of two companies from Interbrew Belgium and AmBrew Brazil. 

6. They are also the owner of SABMiller, British coglomerate, too.

7.  The annual sales of the company were $52.3 Billion.

8. 28% of the market share belongs to this company.

9. Publicly listed in New York Stock Exchange [NYSE].

10. If the share has crossed $55.74, we expect the share to move ahead.

11. The expected target is $73.26/share.

12. Total Revenue is $52.33 Billion in 2019.

13. Operating income is $16.42 Billion.

14. Net income is $9.17 Billion.

15. Total Assets is equal to $236.65 Billion.

16. Total Equity is equal to $84.55 Billion

17. Number of employees is equal to 170,000.

Location: 11 Wall St, New York, NY 10005, USA

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