Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Average Recommendation of “Moderate Buy” by Brokerages

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been given an average rating of “Moderate Buy” by the fifteen analysts that are presently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $93.4150.

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. JPMorgan Chase & Co. raised their price target on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. SBG Securities downgraded Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Monday, March 2nd. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, June 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, June 1st.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 12.0% during the 1st quarter. Parallel Advisors LLC now owns 6,626 shares of the consumer goods maker’s stock worth $460,000 after purchasing an additional 708 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth about $283,000. Western Wealth Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth about $36,000. EverSource Wealth Advisors LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 51.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,462 shares of the consumer goods maker’s stock worth $310,000 after purchasing an additional 1,508 shares in the last quarter. Finally, Maverick Capital Ltd. raised its stake in shares of Anheuser-Busch InBev SA/NV by 42.1% during the 1st quarter. Maverick Capital Ltd. now owns 51,020 shares of the consumer goods maker’s stock worth $3,539,000 after purchasing an additional 15,122 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Stock Up 0.2%

Shares of Anheuser-Busch InBev SA/NV stock opened at $80.89 on Monday. The stock has a 50-day moving average price of $78.95 and a 200 day moving average price of $73.16. The company has a market cap of $157.77 billion, a P/E ratio of 22.10, a P/E/G ratio of 1.30 and a beta of 0.59. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $84.46.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. The firm had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current fiscal year.

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.