Anheuser-Busch Inbev SA (BUD) Given Average Rating of “Hold” by Analysts
Anheuser-Busch Inbev SA (NYSE:BUD) has earned an average rating of “Hold” from the twenty-one research firms that are currently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $124.62.
BUD has been the subject of a number of research reports. BidaskClub downgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research note on Wednesday, June 14th. Stifel Nicolaus reiterated a “buy” rating and set a $140.00 price target (up previously from $134.00) on shares of Anheuser-Busch Inbev SA in a report on Friday, June 23rd. Jefferies Group LLC reiterated a “buy” rating and set a $132.00 price target on shares of Anheuser-Busch Inbev SA in a report on Wednesday, June 28th. Zacks Investment Research upgraded shares of Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Monday, July 10th.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Chicago Partners Investment Group LLC bought a new position in Anheuser-Busch Inbev SA in the second quarter worth approximately $101,000. Evercore Wealth Management LLC bought a new position in Anheuser-Busch Inbev SA in the second quarter worth approximately $104,000. BDO Wealth Advisors LLC bought a new position in Anheuser-Busch Inbev SA in the second quarter worth approximately $110,000. Jacobus Wealth Management Inc. raised its position in Anheuser-Busch Inbev SA by 4.2% in the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock worth $114,000 after acquiring an additional 42 shares during the period. Finally, Bronfman E.L. Rothschild L.P. raised its position in Anheuser-Busch Inbev SA by 5.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,103 shares of the consumer goods maker’s stock worth $121,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 5.50% of the company’s stock.
Shares of Anheuser-Busch Inbev SA (NYSE BUD) traded down 0.72% on Friday, reaching $120.86. The company had a trading volume of 1,006,063 shares. The company’s 50-day moving average is $118.58 and its 200-day moving average is $114.54. Anheuser-Busch Inbev SA has a one year low of $98.28 and a one year high of $136.08. The company has a market capitalization of $233.71 billion, a PE ratio of 60.25 and a beta of 1.07. Anheuser-Busch Inbev SA also was the target of unusually large options trading activity on Wednesday. Traders acquired 446 call options on the stock. This is an increase of 120% compared to the average daily volume of 203 call options.
Anheuser-Busch Inbev SA (NYSE:BUD) last issued its quarterly earnings data on Thursday, July 27th. The consumer goods maker reported $0.95 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.19). The firm had revenue of $14.18 billion for the quarter, compared to the consensus estimate of $14.15 billion. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The business’s revenue was up 31.2% on a year-over-year basis. During the same period last year, the company posted $1.06 earnings per share. Equities research analysts predict that Anheuser-Busch Inbev SA will post $4.14 earnings per share for the current year.
About Anheuser-Busch Inbev SA
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.
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