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

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given an average recommendation of “Moderate Buy” by the seventeen brokerages that are covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $90.0825.

A number of analysts have commented on BUD shares. Morgan Stanley reduced their price target on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating for the company in a research report on Thursday, July 2nd. Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 21st. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Finally, Weiss Ratings upgraded shares of Anheuser-Busch InBev SA/NV from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, July 1st.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds and other institutional investors have recently modified their holdings of the company. Fisher Asset Management LLC raised its holdings in Anheuser-Busch InBev SA/NV by 3.3% during the fourth quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock valued at $728,801,000 after acquiring an additional 368,721 shares during the period. Morgan Stanley grew its position in shares of Anheuser-Busch InBev SA/NV by 29.8% during the fourth quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock worth $269,337,000 after purchasing an additional 966,378 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Anheuser-Busch InBev SA/NV by 1.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker’s stock valued at $256,792,000 after purchasing an additional 42,009 shares during the period. Bank of America Corp DE raised its stake in Anheuser-Busch InBev SA/NV by 12.8% during the 3rd quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker’s stock valued at $224,786,000 after purchasing an additional 426,495 shares during the period. Finally, GQG Partners LLC purchased a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $149,778,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 1.9%

Shares of BUD stock opened at $81.46 on Friday. 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 company has a market cap of $158.88 billion, a price-to-earnings ratio of 22.26, a PEG ratio of 1.34 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $85.56. The firm has a fifty day moving average price of $81.18 and a 200-day moving average price of $75.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. The company had revenue of $15.27 billion for 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, equities analysts predict that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current year.

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.