Berenberg Bank Reiterates “Buy” Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a research report issued to clients and investors on Friday,MarketScreener reports.

Several other equities analysts have also recently issued reports on BUD. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday. Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Wells Fargo & Company upped their price target on shares of Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Finally, UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV Trading Up 0.8%

Anheuser-Busch InBev SA/NV stock opened at $78.55 on Friday. Anheuser-Busch InBev SA/NV has a 12-month low of $56.97 and a 12-month high of $84.46. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The stock has a market capitalization of $153.20 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 1.28 and a beta of 0.59. The firm has a 50 day simple moving average of $76.61 and a 200-day simple moving average of $71.67.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. The firm had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%. As a group, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current fiscal year.

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

Hedge funds have recently modified their holdings of the stock. Balanced Rock Investment Advisors LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 1.4% in the fourth quarter. Balanced Rock Investment Advisors LLC now owns 9,185 shares of the consumer goods maker’s stock valued at $588,000 after buying an additional 130 shares during the last quarter. Persium Advisors LLC raised its stake in Anheuser-Busch InBev SA/NV by 1.4% in the 1st quarter. Persium Advisors LLC now owns 10,890 shares of the consumer goods maker’s stock valued at $755,000 after acquiring an additional 152 shares during the period. Fifth Third Bancorp raised its stake in Anheuser-Busch InBev SA/NV by 19.0% in the 1st quarter. Fifth Third Bancorp now owns 1,029 shares of the consumer goods maker’s stock valued at $71,000 after acquiring an additional 164 shares during the period. Brucke Financial Inc. lifted its holdings in Anheuser-Busch InBev SA/NV by 2.9% during the 4th quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock valued at $399,000 after purchasing an additional 178 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Anheuser-Busch InBev SA/NV by 0.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock worth $2,747,000 after purchasing an additional 189 shares during the period. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.