Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Consensus Recommendation of “Buy” by Analysts

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given a consensus rating of “Buy” by the nine research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $66.00.

Several equities analysts have recently commented on BUD shares. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. TD Cowen reduced their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. StockNews.com raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Thursday. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday. They set a “buy” rating for the company. Finally, Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a research note on Thursday, March 27th.

Anheuser-Busch InBev SA/NV Stock Down 3.0 %

NYSE BUD opened at $60.99 on Friday. The company has a market cap of $109.61 billion, a price-to-earnings ratio of 18.82, a PEG ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company has a 50 day moving average of $57.26 and a 200-day moving average of $56.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The firm had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. On average, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds have recently made changes to their positions in the company. Thrivent Financial for Lutherans acquired a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $220,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 37.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock worth $3,836,000 after purchasing an additional 15,837 shares during the period. Cerity Partners LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 61.9% in the third quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker’s stock worth $4,048,000 after purchasing an additional 23,348 shares during the last quarter. Bank of Montreal Can increased its holdings in Anheuser-Busch InBev SA/NV by 4.2% in the third quarter. Bank of Montreal Can now owns 142,216 shares of the consumer goods maker’s stock valued at $9,385,000 after purchasing an additional 5,681 shares during the period. Finally, D.A. Davidson & CO. raised its position in Anheuser-Busch InBev SA/NV by 6.1% during the 3rd quarter. D.A. Davidson & CO. now owns 55,845 shares of the consumer goods maker’s stock worth $3,702,000 after purchasing an additional 3,232 shares during the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

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.