Equities researchers at Argus started coverage on shares of Anheuser-Busch Inbev SA (NYSE:BUD) in a note issued to investors on Friday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $136.00 price target on the consumer goods maker’s stock. Argus’ price objective points to a potential upside of 11.94% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on BUD. Jefferies Group LLC reaffirmed a “buy” rating and issued a $132.00 price objective on shares of Anheuser-Busch Inbev SA in a research note on Monday, May 15th. BidaskClub cut Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research note on Wednesday, June 14th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $140.00 price objective (up from $134.00) on shares of Anheuser-Busch Inbev SA in a research note on Friday, June 23rd. Zacks Investment Research raised Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Anheuser-Busch Inbev SA in a research note on Monday, July 10th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $126.81.

Shares of Anheuser-Busch Inbev SA (BUD) traded up 0.23% during trading on Friday, reaching $121.49. The company’s stock had a trading volume of 1,080,910 shares. Anheuser-Busch Inbev SA has a 1-year low of $98.28 and a 1-year high of $136.08. The company has a market capitalization of $234.93 billion, a PE ratio of 60.56 and a beta of 1.07. The stock has a 50 day moving average of $117.66 and a 200-day moving average of $114.05.

Anheuser-Busch Inbev SA (NYSE:BUD) last issued its quarterly earnings data on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.14 by $0.19. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The firm had revenue of $14.18 billion during the quarter, compared to analyst estimates of $14.15 billion. During the same period in the previous year, the firm posted $1.06 earnings per share. The company’s quarterly revenue was up 31.2% compared to the same quarter last year. On average, analysts expect that Anheuser-Busch Inbev SA will post $4.14 earnings per share for the current year.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Johnson Financial Group Inc. lifted its holdings in Anheuser-Busch Inbev SA by 0.3% during the 2nd quarter. Johnson Financial Group Inc. now owns 1,179 shares of the consumer goods maker’s stock worth $130,000 after buying an additional 3 shares during the last quarter. Omnia Family Wealth LLC lifted its holdings in Anheuser-Busch Inbev SA by 0.5% during the 2nd quarter. Omnia Family Wealth LLC now owns 1,761 shares of the consumer goods maker’s stock worth $194,000 after buying an additional 8 shares during the last quarter. Raab & Moskowitz Asset Management LLC lifted its holdings in Anheuser-Busch Inbev SA by 0.3% during the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 4,175 shares of the consumer goods maker’s stock worth $484,000 after buying an additional 13 shares during the last quarter. Advisory Services Network LLC lifted its holdings in Anheuser-Busch Inbev SA by 0.3% during the 2nd quarter. Advisory Services Network LLC now owns 4,632 shares of the consumer goods maker’s stock worth $511,000 after buying an additional 16 shares during the last quarter. Finally, Ironwood Investment Management LLC lifted its holdings in Anheuser-Busch Inbev SA by 0.7% during the 2nd quarter. Ironwood Investment Management LLC now owns 3,322 shares of the consumer goods maker’s stock worth $367,000 after buying an additional 23 shares during the last quarter. 5.50% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch Inbev SA Company Profile

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

Analyst Recommendations for Anheuser-Busch Inbev SA (NYSE:BUD)

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