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

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been assigned an average recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. One investment 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 12-month price target among analysts that have issued ratings on the stock in the last year is $64.00.

Separately, TD Cowen decreased their price objective 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.

Anheuser-Busch InBev SA/NV Trading Up 2.7 %

Shares of NYSE BUD opened at $50.42 on Friday. The firm has a 50 day moving average price of $50.16 and a two-hundred day moving average price of $57.59. The stock has a market cap of $90.62 billion, a P/E ratio of 15.56, a price-to-earnings-growth ratio of 1.60 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in Anheuser-Busch InBev SA/NV in the third quarter valued at $26,000. Legacy Investment Solutions LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter worth about $27,000. R Squared Ltd acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $30,000. Whipplewood Advisors LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $36,000. Finally, First Personal Financial Services grew its stake in Anheuser-Busch InBev SA/NV by 51.3% during the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after purchasing an additional 205 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

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.