Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have received a consensus recommendation of “Buy” from the nine brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, six have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $66.00.

Several equities analysts have recently weighed in on the company. StockNews.com upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Thursday. Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a research note on Thursday, March 27th. 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 assumed coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday. They issued a “buy” rating for the company. Finally, TD Cowen dropped their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th.

Anheuser-Busch InBev SA/NV Trading Down 3.0 %

NYSE:BUD opened at $60.99 on Friday. The company has a market cap of $109.61 billion, a P/E ratio of 18.82, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49. The business has a 50 day moving average price of $57.26 and a two-hundred day moving average price of $56.80. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The business had revenue of $14.84 billion during the quarter, compared to analysts’ expectations of $14.07 billion. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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

Several large investors have recently modified their holdings of BUD. Legacy Investment Solutions LLC bought a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $27,000. R Squared Ltd bought a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $30,000. Rakuten Securities Inc. lifted its holdings in Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th 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 bought a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at $36,000. Finally, Measured Risk Portfolios Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at $40,000. 5.53% of the stock is owned by institutional investors.

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.