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

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have received a consensus rating of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $64.00.

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday. TD Cowen decreased their price objective on shares of 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 Price Performance

BUD opened at $60.72 on Tuesday. The stock has a fifty day moving average price of $50.74 and a 200 day moving average price of $56.74. 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 $45.94 and a 1 year high of $67.49. The stock has a market cap of $109.13 billion, a price-to-earnings ratio of 18.74, a PEG ratio of 1.73 and a beta of 1.08.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The business had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.07 billion. Analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of institutional investors and hedge funds have recently modified their holdings of BUD. Optas LLC bought a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter worth $238,000. Forum Financial Management LP acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at about $225,000. Old North State Wealth Management LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter worth about $273,000. QRG Capital Management Inc. lifted its position in shares of Anheuser-Busch InBev SA/NV by 8.8% during the 3rd quarter. QRG Capital Management Inc. now owns 90,004 shares of the consumer goods maker’s stock worth $5,966,000 after purchasing an additional 7,267 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. boosted its stake in Anheuser-Busch InBev SA/NV by 15.4% during the 3rd quarter. Quintet Private Bank Europe S.A. now owns 3,290 shares of the consumer goods maker’s stock valued at $218,000 after purchasing an additional 439 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

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.