Analysts Set Anheuser-Busch InBev SA/NV (NYSE:BUD) Price Target at $72.13

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given an average recommendation of “Moderate Buy” by the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $72.13.

A number of equities research analysts recently weighed in on the stock. Morgan Stanley dropped their price target on shares of Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research note on Tuesday, July 2nd. UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th.

Anheuser-Busch InBev SA/NV Stock Performance

BUD stock opened at $60.54 on Friday. The company has a 50 day moving average price of $60.24 and a 200 day moving average price of $61.27. Anheuser-Busch InBev SA/NV has a fifty-two week low of $51.66 and a fifty-two week high of $67.49. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The stock has a market capitalization of $108.80 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 1.70 and a beta of 1.10.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. The company had revenue of $15.33 billion during the quarter, compared to the consensus estimate of $15.21 billion. Anheuser-Busch InBev SA/NV had a return on equity of 21.74% and a net margin of 9.89%. During the same quarter in the previous year, the company posted $0.72 earnings per share. Analysts forecast that Anheuser-Busch InBev SA/NV will post 3.35 EPS for the current year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Institutional investors and hedge funds have recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. raised its stake in Anheuser-Busch InBev SA/NV by 6.6% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 9,765 shares of the consumer goods maker’s stock worth $568,000 after buying an additional 606 shares during the period. Creative Planning raised its position in shares of Anheuser-Busch InBev SA/NV by 11.3% during the second quarter. Creative Planning now owns 52,041 shares of the consumer goods maker’s stock worth $3,026,000 after purchasing an additional 5,279 shares during the period. Magnolia Capital Advisors LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the second quarter worth about $1,023,000. Lighthouse Investment Partners LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at about $328,000. Finally, Elgethun Capital Management grew its position in shares of Anheuser-Busch InBev SA/NV by 4.7% in the 2nd quarter. Elgethun Capital Management now owns 59,579 shares of the consumer goods maker’s stock valued at $3,465,000 after purchasing an additional 2,648 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.