Anheuser-Busch InBev SA/NV (NYSE:BUD) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) from a hold rating to a buy rating in a research note issued to investors on Monday morning, Marketbeat Ratings reports.

Separately, TD Cowen dropped their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $64.00.

Anheuser-Busch InBev SA/NV Trading Up 2.0 %

NYSE BUD opened at $62.29 on Monday. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The stock has a market cap of $111.95 billion, a P/E ratio of 19.23, a P/E/G ratio of 1.73 and a beta of 1.08. The stock’s fifty day moving average price is $51.20 and its 200-day moving average price is $56.78. 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 (NYSE:BUD) last released its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $14.84 billion for the quarter, compared to analysts’ expectations of $14.07 billion. As a group, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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

Several institutional investors have recently modified their holdings of the business. Ashton Thomas Securities LLC purchased a new position in Anheuser-Busch InBev SA/NV in the third quarter worth about $26,000. Legacy Investment Solutions LLC purchased a new position in Anheuser-Busch InBev SA/NV in the third quarter worth about $27,000. R Squared Ltd purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth about $30,000. Rakuten Securities Inc. boosted its position in Anheuser-Busch InBev SA/NV by 2,722.7% in the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock worth $31,000 after purchasing an additional 599 shares during the last quarter. Finally, Whipplewood Advisors LLC purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth about $36,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

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.