Jefferies Financial Group Reiterates “Buy” Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a research note issued on Tuesday,MarketScreener reports.

A number of other analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, December 11th. Wells Fargo & Company began coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. They issued an “overweight” rating and a $75.00 target price for the company. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, December 9th. Finally, Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and an average target price of $72.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $63.23 on Tuesday. The stock has a market cap of $123.47 billion, a P/E ratio of 20.66, a P/E/G ratio of 1.67 and a beta of 0.57. The business’s 50 day moving average price is $62.80 and its 200-day moving average price is $62.92. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.20% and a net margin of 10.40%.The business had revenue of $15.13 billion for the quarter, compared to analysts’ expectations of $15.28 billion. During the same period in the prior year, the firm earned $0.98 EPS. The company’s revenue for the quarter was up .6% on a year-over-year basis. Equities research analysts anticipate 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

Institutional investors and hedge funds have recently modified their holdings of the stock. Vident Advisory LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth $310,000. QRG Capital Management Inc. grew its stake in Anheuser-Busch InBev SA/NV by 7.7% in the second quarter. QRG Capital Management Inc. now owns 93,714 shares of the consumer goods maker’s stock valued at $6,440,000 after purchasing an additional 6,695 shares during the last quarter. Ritholtz Wealth Management raised its holdings in Anheuser-Busch InBev SA/NV by 578.6% in the second quarter. Ritholtz Wealth Management now owns 24,302 shares of the consumer goods maker’s stock worth $1,670,000 after purchasing an additional 20,721 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at about $104,000. Finally, Titleist Asset Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at about $385,000. Institutional investors own 5.53% of the company’s stock.

About Anheuser-Busch InBev SA/NV

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.