Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Consensus Rating of “Buy” by Analysts

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been assigned a consensus recommendation of “Buy” from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $79.00.

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

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD opened at $50.11 on Thursday. 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 1 year low of $50.08 and a 1 year high of $67.49. The company has a market cap of $90.06 billion, a PE ratio of 15.47, a PEG ratio of 1.68 and a beta of 1.08. The stock’s 50-day moving average price is $57.91 and its two-hundred day moving average price is $60.38.

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

Several institutional investors and hedge funds have recently modified their holdings of the business. Charles Schwab Investment Management Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 37.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock valued at $3,836,000 after purchasing an additional 15,837 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 6.0% in the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after purchasing an additional 587,329 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Anheuser-Busch InBev SA/NV during the third quarter worth $1,865,000. Cerity Partners LLC boosted its stake in Anheuser-Busch InBev SA/NV by 61.9% during the third quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker’s stock worth $4,048,000 after buying an additional 23,348 shares in the last quarter. Finally, Seafarer Capital Partners LLC increased its holdings in Anheuser-Busch InBev SA/NV by 11.2% in the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock valued at $70,201,000 after buying an additional 107,000 shares during the period. Institutional investors and hedge funds 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.