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

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

Several other analysts have also commented on BUD. Wells Fargo & Company assumed 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 target on the stock. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, December 11th. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, January 6th. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.67.

Anheuser-Busch InBev SA/NV Trading Down 0.6%

Shares of BUD opened at $69.84 on Tuesday. Anheuser-Busch InBev SA/NV has a 12-month low of $47.89 and a 12-month high of $72.13. The firm has a market capitalization of $136.37 billion, a P/E ratio of 22.82, a P/E/G ratio of 1.47 and a beta of 0.57. The firm has a 50-day moving average price of $64.65 and a 200 day moving average price of $62.84. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. The company had revenue of $15.13 billion for the quarter, compared to the consensus estimate of $15.28 billion. During the same period in the previous year, the firm earned $0.98 earnings per share. Anheuser-Busch InBev SA/NV’s quarterly revenue was up .6% compared to the same quarter last year. Sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Brucke Financial Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 2.9% in the fourth quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock valued at $399,000 after purchasing an additional 178 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Anheuser-Busch InBev SA/NV by 0.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock valued at $2,747,000 after buying an additional 189 shares during the period. Huntington National Bank grew its stake in shares of Anheuser-Busch InBev SA/NV by 16.3% in the second quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker’s stock worth $95,000 after acquiring an additional 194 shares in the last quarter. Apollon Wealth Management LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 4.2% during the third quarter. Apollon Wealth Management LLC now owns 5,042 shares of the consumer goods maker’s stock worth $301,000 after acquiring an additional 203 shares during the period. Finally, Outfitters Financial LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 1.1% in the third quarter. Outfitters Financial LLC now owns 21,310 shares of the consumer goods maker’s stock valued at $1,270,000 after acquiring an additional 240 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.