Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $66.00 Consensus PT from Brokerages

Anheuser-Busch InBev SA/NV (NYSE:BUD) has received a consensus recommendation of “Buy” from the nine research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $66.00.

Several brokerages recently issued reports on BUD. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Argus raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research report on Thursday, March 27th. StockNews.com raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Thursday. TD Cowen cut their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a report on Wednesday, January 8th. Finally, Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating on the stock.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of institutional investors and hedge funds have recently bought and sold shares of BUD. R Squared Ltd purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $30,000. Rakuten Securities Inc. grew its holdings in Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after buying an additional 599 shares in the last quarter. NBC Securities Inc. bought a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter worth approximately $32,000. Whipplewood Advisors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $36,000. Finally, Garde Capital Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at approximately $37,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $65.02 on Wednesday. The firm has a market cap of $116.85 billion, a PE ratio of 20.07, a P/E/G ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The firm has a fifty day simple moving average of $61.53 and a two-hundred day simple moving average of $56.67.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. The company had revenue of $14.84 billion during the quarter, compared to analysts’ expectations of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. On average, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.