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UK, London: Analysts at Dresdner Kleinwort Wasserstein maintain their "buy" rating on InBev. The target price is set to €31.3. In a research note published this morning, the analysts mention that the company is scheduled to report its 9M results on November 3. The results are likely to exhibit a recovery in AmBev’s market share in Brazil, the analysts add. Inbev is expected to post a y/y improvement in its margins for the period, driven by a lower-than-expected excise rate, according to Dresdner Kleinwort Wasserstein, New Ratings revealed on November 1.

03 November, 2004
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