Anheuser-Busch InBev SA/NV’s (BUD) “Buy” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a research note issued to investors on Thursday,MarketScreener reports.

BUD has been the topic of a number of other research reports. Wells Fargo & Company increased their price target on shares of Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. SBG Securities downgraded Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, December 29th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $86.50.

Anheuser-Busch InBev SA/NV Stock Up 0.1%

BUD opened at $71.35 on Thursday. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $81.56. The business has a 50-day moving average of $73.91 and a two-hundred day moving average of $66.58. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The stock has a market capitalization of $139.17 billion, a price-to-earnings ratio of 20.74, a price-to-earnings-growth ratio of 1.20 and a beta of 0.58.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The business had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. During the same period in the prior year, the firm posted $0.88 EPS. The company’s revenue was up 6.2% on a year-over-year basis. On average, research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Large investors have recently made changes to their positions in the business. Bogart Wealth LLC raised its position in Anheuser-Busch InBev SA/NV by 3,800.0% in the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after purchasing an additional 380 shares during the period. Birchwood Financial Partners Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth about $26,000. Salomon & Ludwin LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 494.7% in the third quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after buying an additional 371 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in shares of Anheuser-Busch InBev SA/NV by 79.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after buying an additional 220 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at about $34,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

About Anheuser-Busch InBev SA/NV

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.