BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) from an underperform rating to a neutral rating in a report issued on Wednesday, AnalystRatings.net reports.
A number of other equities analysts also recently issued reports on BUD. Deutsche Bank Aktiengesellschaft downgraded Anheuser-Busch InBev SA/NV from a buy rating to a hold rating in a report on Tuesday, December 1st. Barclays reiterated an equal weight rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 30th. Smith Barney Citigroup downgraded Anheuser-Busch InBev SA/NV from a buy rating to a neutral rating in a research note on Wednesday, December 2nd. Jefferies Financial Group upgraded Anheuser-Busch InBev SA/NV from a hold rating to a buy rating in a research note on Wednesday, October 7th. Finally, JPMorgan Chase & Co. reiterated a neutral rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, December 3rd. One investment analyst has rated the stock with a sell rating, seventeen have given a hold rating and six have issued a buy rating to the company’s stock. Anheuser-Busch InBev SA/NV currently has a consensus rating of Hold and an average target price of $62.80.
NYSE BUD traded up $0.31 during mid-day trading on Wednesday, hitting $69.38. The company’s stock had a trading volume of 29,898 shares, compared to its average volume of 1,572,482. The company’s 50 day simple moving average is $69.99 and its 200 day simple moving average is $59.84. Anheuser-Busch InBev SA/NV has a twelve month low of $32.58 and a twelve month high of $80.54. The company has a current ratio of 1.17, a quick ratio of 1.03 and a debt-to-equity ratio of 1.55. The firm has a market capitalization of $139.90 billion, a price-to-earnings ratio of -186.67, a PEG ratio of 7.57 and a beta of 1.48.
Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Tuesday, November 3rd. The consumer goods maker reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.06. The business had revenue of $12.82 billion during the quarter, compared to the consensus estimate of $11.62 billion. Anheuser-Busch InBev SA/NV had a negative net margin of 1.57% and a positive return on equity of 6.84%. Anheuser-Busch InBev SA/NV’s revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.22 EPS. As a group, research analysts forecast that Anheuser-Busch InBev SA/NV will post 2.35 EPS for the current year.
Large investors have recently bought and sold shares of the stock. AXA S.A. acquired a new stake in Anheuser-Busch InBev SA/NV in the third quarter valued at $25,000. Jeppson Wealth Management LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $30,000. Northwest Investment Counselors LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $31,000. Nachman Norwood & Parrott Inc purchased a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at approximately $35,000. Finally, Eudaimonia Partners LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 40.1% in the 3rd quarter. Eudaimonia Partners LLC now owns 681 shares of the consumer goods maker’s stock valued at $37,000 after purchasing an additional 195 shares in the last quarter. 3.75% of the stock is owned by hedge funds and other institutional investors.
Anheuser-Busch InBev SA/NV Company Profile
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. 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.
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