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

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given a consensus recommendation of “Moderate Buy” by the ten analysts that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $79.00.

A number of research analysts have commented on the company. Morgan Stanley boosted their price objective on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 10th. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. Evercore ISI upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Monday, September 30th. TD Cowen cut shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and boosted their target price for the stock from $68.00 to $88.00 in a research report on Tuesday, October 8th. Finally, Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th.

Institutional Trading of Anheuser-Busch InBev SA/NV

Institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. raised its stake in shares of Anheuser-Busch InBev SA/NV by 56.1% in the 1st quarter. Russell Investments Group Ltd. now owns 1,004 shares of the consumer goods maker’s stock valued at $61,000 after purchasing an additional 361 shares in the last quarter. Janus Henderson Group PLC bought a new position in Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $18,226,000. B. Riley Wealth Advisors Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 21.4% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 9,159 shares of the consumer goods maker’s stock worth $506,000 after acquiring an additional 1,612 shares in the last quarter. Levin Capital Strategies L.P. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at approximately $304,000. Finally, Tidal Investments LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 10.8% during the 1st quarter. Tidal Investments LLC now owns 15,466 shares of the consumer goods maker’s stock valued at $940,000 after acquiring an additional 1,506 shares in the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $54.73 on Friday. The firm’s fifty day simple moving average is $62.09 and its 200 day simple moving average is $61.82. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a twelve month low of $54.51 and a twelve month high of $67.49. The firm has a market capitalization of $98.36 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 1.75 and a beta of 1.12.

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.