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Anheuser Busch (NYSE:BUD) has received an “A-” credit rating from Morningstar. The firm’s “A-” rating indicates that the company is a low default risk. They also issued a negative credit outlook for the company and gave their stock a three star rating.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks downgraded shares of Anheuser Busch from an “outperform” rating to a “neutral” rating in a research note on Monday. They now have a $117.20 price target on the stock. Separately, analysts at Brasil Plural initiated coverage on shares of Anheuser Busch in a research note on Monday, August 25th. They set an “overweight” rating and a $121.00 price target on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $79.84.

Anheuser Busch (NYSE:BUD) opened at 111.78 on Tuesday. Anheuser Busch has a 52-week low of $93.57 and a 52-week high of $116.65. The stock has a 50-day moving average of $110.4 and a 200-day moving average of $108.4. The company has a market cap of $179.6 billion and a P/E ratio of 20.40.

Anheuser Busch (NYSE:BUD) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.60 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.34 by $0.26. The company had revenue of $12.20 billion for the quarter, compared to the consensus estimate of $12.20 billion. During the same quarter in the prior year, the company posted $0.93 earnings per share. The company’s quarterly revenue was up 15.2% on a year-over-year basis. On average, analysts predict that Anheuser Busch will post $5.39 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV is a brewing company. The Company produces, markets, distributes and sells a balanced portfolio of approximately 200 beer brands.

To view more credit ratings from Morningstar, visit www.morningstar.com.

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