Barclays Reaffirms “Buy” Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating restated by equities research analysts at Barclays in a research report issued on Thursday,MarketScreener reports.

A number of other research firms also recently issued reports on BUD. Deutsche Bank Aktiengesellschaft downgraded Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 7th. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday. Finally, Wells Fargo & Company began coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 19th. They set an “overweight” rating and a $75.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and a consensus target price of $72.00.

Anheuser-Busch InBev SA/NV Trading Up 0.6%

NYSE BUD opened at $63.78 on Thursday. The firm’s fifty day moving average price is $61.65 and its 200 day moving average price is $63.77. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. The company has a market capitalization of $124.53 billion, a price-to-earnings ratio of 20.84, a price-to-earnings-growth ratio of 1.87 and a beta of 0.58.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.02. The company had revenue of $15.13 billion during the quarter, compared to the consensus estimate of $15.28 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. Anheuser-Busch InBev SA/NV’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.98 earnings per share. On average, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dodge & Cox boosted its holdings in Anheuser-Busch InBev SA/NV by 2.8% during the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock worth $2,531,109,000 after buying an additional 1,119,308 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Anheuser-Busch InBev SA/NV by 150.6% during the 3rd quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock valued at $70,869,000 after acquiring an additional 714,420 shares during the period. Bank of America Corp DE boosted its stake in shares of Anheuser-Busch InBev SA/NV by 23.7% during the 2nd quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after acquiring an additional 641,158 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Anheuser-Busch InBev SA/NV by 535.6% in the 3rd quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker’s stock worth $38,962,000 after acquiring an additional 550,774 shares during the period. Finally, Holocene Advisors LP acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter worth approximately $33,999,000. Institutional investors and hedge funds 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.