Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) Target Price at $79.00

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have received an average rating of “Moderate Buy” from the eleven research firms that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $79.00.

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

Anheuser-Busch InBev SA/NV Trading Down 0.0 %

NYSE:BUD opened at $59.35 on Wednesday. The stock’s 50 day moving average price is $63.94 and its 200 day moving average price is $62.10. The company has a market capitalization of $106.66 billion, a PE ratio of 20.19, a P/E/G ratio of 1.73 and a beta of 1.10. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 52-week low of $57.09 and a 52-week high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Thursday, October 31st. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.08. The firm had revenue of $15.05 billion for the quarter, compared to the consensus estimate of $15.65 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.77% and a net margin of 9.89%. On average, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.4 EPS for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of institutional investors have recently modified their holdings of the business. First Personal Financial Services boosted its stake in shares of Anheuser-Busch InBev SA/NV by 51.3% in the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock valued at $40,000 after buying an additional 205 shares in the last quarter. Assetmark Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 12.7% in the third quarter. Assetmark Inc. now owns 43,218 shares of the consumer goods maker’s stock valued at $2,865,000 after buying an additional 4,863 shares in the last quarter. Hara Capital LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $72,000. Solitude Financial Services boosted its stake in shares of Anheuser-Busch InBev SA/NV by 6.1% in the third quarter. Solitude Financial Services now owns 10,880 shares of the consumer goods maker’s stock valued at $721,000 after buying an additional 630 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 14.1% during the third quarter. Hazlett Burt & Watson Inc. now owns 3,850 shares of the consumer goods maker’s stock worth $253,000 after purchasing an additional 475 shares during the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

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.