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66633 UB#HSI RC26118 (R BULL)
RT Nominal unchange0.610 0.000 (0.000%)

04/03/2025 15:31

{I-bank focus}UBS raises Bud APAC (01876) to HKD9.16

[ET Net News Agency, 4 March 2025] UBS raised the target price for Bud APAC (01876) to
HKD9.16 from HKD8.2 and maintained the "buy" rating.
The research house said it lifts ASP assumption by 2-3% for 2025E-27E to reflect the
ongoing premiumization trend (~1% higher than consensus) and slightly lowered sales volume
growth (~1% higher than consensus). (rc)

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