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

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given a consensus rating of “Buy” by the nine brokerages that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $66.00.

Several brokerages have recently commented on BUD. TD Cowen dropped their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday. They issued a “buy” rating on the stock. Finally, Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research report on Thursday, March 27th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Legacy Investment Solutions LLC bought a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter worth $27,000. R Squared Ltd acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $30,000. Rakuten Securities Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock worth $31,000 after purchasing an additional 599 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $36,000. Finally, Measured Risk Portfolios Inc. bought a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $40,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Trading Up 0.8 %

Shares of NYSE:BUD opened at $62.09 on Friday. The company has a market capitalization of $111.59 billion, a P/E ratio of 19.16, a P/E/G ratio of 1.73 and a beta of 0.96. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The business’s 50 day simple moving average is $56.73 and its 200 day simple moving average is $56.79. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The company had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. On average, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

About Anheuser-Busch InBev SA/NV

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.