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

Anheuser-Busch InBev SA/NV (NYSE:BUD) has received a consensus recommendation of “Buy” from the eight analysts that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $66.00.

BUD has been the topic of a number of analyst reports. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective on the stock in a research note on Thursday. TD Cowen cut their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd.

Anheuser-Busch InBev SA/NV Stock Down 0.2 %

BUD opened at $62.01 on Friday. The company has a market cap of $111.45 billion, a PE ratio of 19.14, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The firm has a 50 day moving average price of $55.90 and a 200 day moving average price of $56.90.

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 for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. The firm had revenue of $14.84 billion during the quarter, compared to analysts’ expectations of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. Sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Hedge funds have recently bought and sold shares of the company. Legacy Investment Solutions LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the third quarter valued at approximately $27,000. R Squared Ltd bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after acquiring an additional 599 shares in the last quarter. Whipplewood Advisors LLC bought a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth $36,000. Finally, Anchor Investment Management LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 120.6% in the third quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker’s stock worth $51,000 after purchasing an additional 422 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.