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

Anheuser-Busch InBev SA/NV (NYSE:BUD) has received an average rating of “Moderate Buy” from the nine ratings firms that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $79.00.

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

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Tidal Investments LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 4.8% in the 3rd quarter. Tidal Investments LLC now owns 18,654 shares of the consumer goods maker’s stock valued at $1,237,000 after purchasing an additional 852 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $138,000. Anchor Investment Management LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 120.6% in the 3rd quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker’s stock valued at $51,000 after purchasing an additional 422 shares in the last quarter. Brophy Wealth Management LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $946,000. Finally, M&T Bank Corp boosted its stake in shares of Anheuser-Busch InBev SA/NV by 16.7% in the 3rd quarter. M&T Bank Corp now owns 6,519 shares of the consumer goods maker’s stock valued at $432,000 after purchasing an additional 935 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD opened at $54.08 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $97.19 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 1.76 and a beta of 1.12. The company has a 50 day moving average price of $61.30 and a two-hundred day moving average price of $61.58. Anheuser-Busch InBev SA/NV has a 12-month low of $53.67 and a 12-month high of $67.49.

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.