Anheuser-Busch InBev SA/NV (NYSE:BUD) Upgraded by StockNews.com to “Buy” Rating

Anheuser-Busch InBev SA/NV (NYSE:BUD) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

A number of other analysts also recently issued reports on BUD. Argus raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a research report on Thursday, March 27th. Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of “Buy” and an average price target of $66.00.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $67.30 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The company has a market cap of $120.95 billion, a price-to-earnings ratio of 20.77, a PEG ratio of 1.73 and a beta of 0.83. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.55. The firm has a 50 day moving average price of $63.33 and a 200 day moving average price of $56.72.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. During the same quarter in the prior year, the business posted $0.75 earnings per share. The company’s revenue was down 6.3% on a year-over-year basis. Sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Institutional Inflows and Outflows

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

Anheuser-Busch InBev SA/NV Company Profile

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.