Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Rating Upgraded by Barclays

Barclays upgraded shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) to a strong-buy rating in a research note issued to investors on Wednesday morning, Zacks.com reports.

Other equities analysts have also issued research reports about the company. Evercore ISI raised Anheuser-Busch InBev SA/NV to a strong-buy rating in a research note on Monday, September 30th. Morgan Stanley increased their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an overweight rating in a research note on Tuesday, September 10th. TD Cowen lowered Anheuser-Busch InBev SA/NV from a buy rating to a hold rating and increased their target price for the company from $68.00 to $88.00 in a research note on Tuesday, October 8th. UBS Group raised Anheuser-Busch InBev SA/NV from a neutral rating to a buy rating in a research note on Monday, June 24th. Finally, Citigroup upgraded Anheuser-Busch InBev SA/NV from a neutral rating to a buy rating in a report on Tuesday, October 1st. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average target price of $79.00.

Anheuser-Busch InBev SA/NV Stock Up 1.2 %

Shares of Anheuser-Busch InBev SA/NV stock opened at $64.85 on Wednesday. Anheuser-Busch InBev SA/NV has a 12-month low of $52.36 and a 12-month high of $67.49. The stock has a market capitalization of $116.55 billion, a P/E ratio of 27.25, a PEG ratio of 1.77 and a beta of 1.10. The stock has a 50 day moving average price of $62.95 and a two-hundred day moving average price of $61.70. 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 Thursday, August 1st. The consumer goods maker reported $0.90 EPS for the quarter, topping the consensus estimate of $0.84 by $0.06. The company had revenue of $15.33 billion for the quarter, compared to analysts’ expectations of $15.21 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.77% and a net margin of 9.89%. During the same quarter in the prior year, the business earned $0.72 earnings per share. Equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.39 earnings per share for the current year.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Institutional investors have recently bought and sold shares of the company. GPS Wealth Strategies Group LLC lifted its stake in Anheuser-Busch InBev SA/NV by 50.7% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 185 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 225.0% during the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock worth $33,000 after purchasing an additional 378 shares in the last quarter. Addison Advisors LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 39.7% during the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after purchasing an additional 168 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth approximately $35,000. Finally, Valley Wealth Managers Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth approximately $38,000. Institutional investors own 5.53% of the company’s stock.

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.