Zacks Investment Research downgraded shares of CERV UNIDAS-ADR (CCU) from N/A to NEUTRAL on January 15, 2013, with a target price of $33.30.
Compa a Cervecer as Unidas S. A. (CCU) has successfully positioned itself as a Chilean multinational beverage company, with diversified businesses and operations focused on the Southern Cone of South America. CCU is active in the beer industry in Chile, where it operates the country's leading brewery, and in Argentina, where it holds third place in the market. In the non-alcoholic beverages sector, it is Chile's second-largest bottler of carbonated beverages and the leader in the mineral water market. It has winemaking operations in Argentina and in Chile.
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