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TPX.B:CC - Anheuser-Busch InBev: Though The Boycott Has Eased It Is Still Overvalued

2024-06-13 23:00:37 ET

Summary

  • Anheuser-Busch InBev has had a troubled year.
  • Previous coverage gave a "Sell" rating, with the company underperforming the market by 36% since then.
  • The stock has become cheaper but is still trading at a major premium compared to some peers.
  • EURO 2024 and the summer Olympics could be tailwinds in Q2 and Q3.

Article Thesis

For further details see:

Anheuser-Busch InBev: Though The Boycott Has Eased, It Is Still Overvalued
Stock Information

Company Name: Molson Coors Canada Inc. Class B Exchangeable Shares
Stock Symbol: TPX.B:CC
Market: TSXC
Website: molsoncoors.com

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