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CASTLE MALTING NEWS in partnership with www.e-malt.com Korean
07 March, 2007



Brewing news Belgium: InBev rating on "hold"

Analysts at ING Financial Markets maintain their "hold" rating on InBev, Newratings reported March 01. The target price is set to €46.84.

In a research note published this morning, the analysts mention that the company has reported its 4Q06 and 2006 results roughly in-line with the consensus. InBev has not commented on any potential merger with Anheuser-Busch, the analysts say. The company maintains its EBITDA margin target of 30%, which it has already reached a year earlier than expected.





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