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

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have earned a consensus recommendation of “Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $64.00.

Several equities research analysts have weighed in on the company. TD Cowen lowered their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a report on Wednesday, January 8th. Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. Finally, Citigroup raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 37.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock worth $3,836,000 after buying an additional 15,837 shares during the period. Fisher Asset Management LLC raised its position in Anheuser-Busch InBev SA/NV by 6.0% during the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after acquiring an additional 587,329 shares during the period. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Anheuser-Busch InBev SA/NV during the third quarter valued at $1,865,000. Cerity Partners LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 61.9% in the third quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker’s stock valued at $4,048,000 after purchasing an additional 23,348 shares during the period. Finally, Brophy Wealth Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter worth about $946,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $46.19 on Monday. Anheuser-Busch InBev SA/NV has a 12-month low of $46.10 and a 12-month high of $67.49. The business’s fifty day simple moving average is $53.00 and its 200-day simple moving average is $59.05. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company has a market cap of $83.01 billion, a PE ratio of 14.26, a PEG ratio of 1.68 and a beta of 1.09.

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.