Anheuser-Busch InBev SA/NV (NYSE:BUD) PT Raised to €75.00 at Barclays

Anheuser-Busch InBev SA/NV (NYSE:BUD) had its price target lifted by research analysts at Barclays from €71.00 ($80.68) to €75.00 ($85.23) in a research report issued on Friday, The Fly reports.

BUD has been the topic of a number of other reports. Zacks Investment Research raised Anheuser-Busch InBev SA/NV from a “sell” rating to a “hold” rating and set a $58.00 price target on the stock in a research note on Thursday, December 2nd. Redburn Partners raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and lifted their price target for the company from $54.08 to $79.67 in a research note on Friday, November 19th. Argus lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Thursday, September 30th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 8th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 29th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $70.45.

Anheuser-Busch InBev SA/NV stock traded up $1.47 during midday trading on Friday, reaching $67.81. The company’s stock had a trading volume of 118,345 shares, compared to its average volume of 1,375,716. The business has a 50-day moving average price of $59.85 and a 200-day moving average price of $60.99. Anheuser-Busch InBev SA/NV has a 52 week low of $54.08 and a 52 week high of $79.67. The stock has a market cap of $134.26 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 1.93 and a beta of 1.57. The company has a current ratio of 0.65, a quick ratio of 0.47 and a debt-to-equity ratio of 1.12.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Wednesday, October 27th. The consumer goods maker reported $0.85 EPS for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.28. Anheuser-Busch InBev SA/NV had a return on equity of 15.40% and a net margin of 9.41%. The firm had revenue of $14.27 billion for the quarter, compared to analyst estimates of $13.64 billion. During the same period last year, the firm posted $0.79 earnings per share. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. As a group, research analysts predict that Anheuser-Busch InBev SA/NV will post 2.81 EPS for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the business. Amundi Pioneer Asset Management Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 272.4% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 30,000 shares of the consumer goods maker’s stock valued at $2,519,000 after acquiring an additional 47,400 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 20.4% during the second quarter. American Century Companies Inc. now owns 16,228 shares of the consumer goods maker’s stock valued at $1,169,000 after acquiring an additional 2,753 shares in the last quarter. Sei Investments Co. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at approximately $210,000. Rockefeller Capital Management L.P. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 21.2% during the second quarter. Rockefeller Capital Management L.P. now owns 8,803 shares of the consumer goods maker’s stock valued at $633,000 after acquiring an additional 1,537 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Anheuser-Busch InBev SA/NV by 143.1% during the second quarter. Mercer Global Advisors Inc. ADV now owns 14,114 shares of the consumer goods maker’s stock valued at $1,016,000 after acquiring an additional 8,308 shares in the last quarter.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV operates as a holding company, which engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. It operates through the following geographical segments: North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies.

Featured Article: Why does the United States have a lingering trade deficit?

The Fly logo

Analyst Recommendations for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Receive News & Ratings for Anheuser-Busch InBev SA/NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev SA/NV and related companies with MarketBeat.com's FREE daily email newsletter.