Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

Budweiser Brewing Company APAC (1876.HK)

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (HK$)	Price Target (HK$)	Rating
2021-08-20	19.56	22.86	Sell
2021-11-03	20.90	24.20	Buy
2022-03-21	21.35	28.30	Buy
2022-05-05	21.00	25.80	Buy
2022-05-16	19.64	24.30	Buy
2022-07-28	23.70	26.70	Buy
2022-10-27	17.94	24.10	Buy
2023-01-05	26.45	-	No Rating
2023-02-07	23.55	24.10	Buy
2023-03-03	23.75	28.55	Buy
2023-06-30	20.20	26.70	Buy
2023-08-03	17.50	24.05	Buy
2023-10-09	15.38	21.71	Buy
2024-01-06	13.76	16.64	Buy
2024-02-27	13.38	15.88	Buy
2024-02-29	12.68	15.29	Buy
2024-05-03	11.34	14.92	Buy
2024-05-08	11.00	13.78	Buy
2024-10-31	8.11	11.72	Buy

Disclosures

UBS Securities Hong Kong Limited is a market maker in the Hong Kong-listed securities of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day.