Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $79.00 Average PT from Brokerages

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have received an average recommendation of “Buy” from the eight brokerages that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $79.00.

BUD has been the subject of a number of research analyst reports. Morgan Stanley upped their price objective on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 10th. Barclays upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Wednesday, October 9th. TD Cowen lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $68.00 to $88.00 in a research report on Tuesday, October 8th. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

A number of institutional investors have recently made changes to their positions in BUD. Addison Advisors LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 39.7% in the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after acquiring an additional 168 shares during the period. Brown Lisle Cummings Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 9.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 2,375 shares of the consumer goods maker’s stock worth $157,000 after purchasing an additional 197 shares during the last quarter. First Personal Financial Services lifted its position in shares of Anheuser-Busch InBev SA/NV by 51.3% in the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after purchasing an additional 205 shares during the period. Sage Mountain Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 3.6% in the 2nd quarter. Sage Mountain Advisors LLC now owns 6,035 shares of the consumer goods maker’s stock valued at $351,000 after purchasing an additional 209 shares during the last quarter. Finally, CHICAGO TRUST Co NA increased its position in shares of Anheuser-Busch InBev SA/NV by 2.2% during the third quarter. CHICAGO TRUST Co NA now owns 10,165 shares of the consumer goods maker’s stock worth $674,000 after buying an additional 217 shares during the period. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Down 0.3 %

Shares of NYSE BUD opened at $50.39 on Thursday. The company has a market cap of $90.56 billion, a price-to-earnings ratio of 15.55, a PEG ratio of 1.68 and a beta of 1.08. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 12 month low of $49.66 and a 12 month high of $67.49. The stock has a 50-day moving average price of $56.45 and a two-hundred day moving average price of $59.95.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.