Anheuser Busch Inbev (NYSE:BUD) has been given a $128.00 target price by investment analysts at Susquehanna Bancshares in a research report issued to clients and investors on Tuesday. The brokerage presently has a “hold” rating on the consumer goods maker’s stock. Susquehanna Bancshares’ target price suggests a potential upside of 13.86% from the stock’s current price.
A number of other equities research analysts also recently commented on BUD. Zacks Investment Research downgraded Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Argus started coverage on Anheuser Busch Inbev in a report on Friday, September 8th. They issued a “buy” rating and a $136.00 price objective for the company. Berenberg Bank reissued a “buy” rating on shares of Anheuser Busch Inbev in a research note on Wednesday, September 13th. Societe Generale cut Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating on shares of Anheuser Busch Inbev in a research note on Tuesday, December 5th. Five analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. Anheuser Busch Inbev has a consensus rating of “Hold” and an average price target of $127.24.
Anheuser Busch Inbev (NYSE BUD) traded up $0.86 during mid-day trading on Tuesday, hitting $112.42. The stock had a trading volume of 1,259,958 shares, compared to its average volume of 1,063,150. The company has a market capitalization of $190,630.00, a P/E ratio of 42.75, a P/E/G ratio of 1.74 and a beta of 1.04. Anheuser Busch Inbev has a 12 month low of $103.55 and a 12 month high of $126.50. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 1.30.
A number of large investors have recently added to or reduced their stakes in the business. Adalta Capital Management LLC increased its stake in shares of Anheuser Busch Inbev by 2.0% during the third quarter. Adalta Capital Management LLC now owns 38,440 shares of the consumer goods maker’s stock worth $4,586,000 after purchasing an additional 765 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in Anheuser Busch Inbev during the third quarter worth approximately $666,000. Truepoint Inc. grew its position in Anheuser Busch Inbev by 11,830.0% during the third quarter. Truepoint Inc. now owns 288,348 shares of the consumer goods maker’s stock worth $288,000 after buying an additional 285,931 shares in the last quarter. Moors & Cabot Inc. grew its position in Anheuser Busch Inbev by 42.6% during the third quarter. Moors & Cabot Inc. now owns 5,157 shares of the consumer goods maker’s stock worth $619,000 after buying an additional 1,541 shares in the last quarter. Finally, Fieldpoint Private Securities LLC grew its position in Anheuser Busch Inbev by 332.7% during the third quarter. Fieldpoint Private Securities LLC now owns 2,380 shares of the consumer goods maker’s stock worth $284,000 after buying an additional 1,830 shares in the last quarter. Hedge funds and other institutional investors own 5.67% of the company’s stock.
About Anheuser Busch Inbev
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.
