Anheuser Busch Inbev NV (BUD) Receives Average Recommendation of “Hold” from Analysts

Shares of Anheuser Busch Inbev NV (NYSE:BUD) have received an average recommendation of “Hold” from the thirteen analysts that are covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $123.54.

A number of analysts have commented on BUD shares. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Anheuser Busch Inbev in a report on Tuesday, December 5th. Zacks Investment Research upgraded shares of Anheuser Busch Inbev from a “strong sell” rating to a “hold” rating in a report on Friday, January 12th. Jefferies Group set a $134.00 price objective on shares of Anheuser Busch Inbev and gave the company a “buy” rating in a report on Thursday, January 11th. Deutsche Bank upgraded shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a report on Wednesday, January 17th. Finally, Susquehanna Bancshares set a $132.00 price objective on shares of Anheuser Busch Inbev and gave the company a “hold” rating in a report on Thursday, November 30th.

Hedge funds have recently added to or reduced their stakes in the business. Van Hulzen Asset Management LLC purchased a new stake in shares of Anheuser Busch Inbev in the 4th quarter valued at approximately $256,000. RiverGlades Family Offices LLC purchased a new stake in shares of Anheuser Busch Inbev in the 4th quarter valued at approximately $570,000. Brown Advisory Inc. grew its stake in shares of Anheuser Busch Inbev by 43.1% in the 4th quarter. Brown Advisory Inc. now owns 20,561 shares of the consumer goods maker’s stock valued at $2,293,000 after buying an additional 6,194 shares during the period. Jacobs & Co. CA grew its stake in shares of Anheuser Busch Inbev by 4.0% in the 4th quarter. Jacobs & Co. CA now owns 40,025 shares of the consumer goods maker’s stock valued at $4,420,000 after buying an additional 1,542 shares during the period. Finally, FDx Advisors Inc. grew its stake in shares of Anheuser Busch Inbev by 6.5% in the 4th quarter. FDx Advisors Inc. now owns 18,133 shares of the consumer goods maker’s stock valued at $2,023,000 after buying an additional 1,102 shares during the period. Institutional investors own 5.68% of the company’s stock.

Anheuser Busch Inbev (NYSE BUD) traded down $0.59 on Tuesday, hitting $103.61. 398,182 shares of the company traded hands, compared to its average volume of 1,868,598. Anheuser Busch Inbev has a 52-week low of $101.21 and a 52-week high of $126.50. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.71 and a current ratio of 0.82. The firm has a market cap of $175,320.00, a P/E ratio of 39.46, a PEG ratio of 1.29 and a beta of 1.03.

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About Anheuser Busch Inbev

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 (NYSE:BUD)

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