Anheuser-Busch InBev SA/NV’s (BUD) “Buy” Rating Reaffirmed at Sanford C. Bernstein

Sanford C. Bernstein reaffirmed their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a report published on Tuesday morning,MarketScreener reports.

A number of other research analysts have also recently weighed in on BUD. Kepler Capital Markets cut shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 18th. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 10th. Morningstar upgraded shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a research note on Thursday, September 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and an average price target of $71.00.

Anheuser-Busch InBev SA/NV Trading Down 0.3%

Shares of Anheuser-Busch InBev SA/NV stock opened at $61.84 on Tuesday. The company’s fifty day simple moving average is $60.41 and its 200-day simple moving average is $64.61. The stock has a market capitalization of $120.75 billion, a PE ratio of 17.37, a P/E/G ratio of 1.77 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $72.13. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same quarter in the previous year, the firm posted $0.90 EPS. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. As a group, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of large investors have recently made changes to their positions in BUD. Sage Rhino Capital LLC grew its holdings in Anheuser-Busch InBev SA/NV by 5.1% during the 2nd quarter. Sage Rhino Capital LLC now owns 3,477 shares of the consumer goods maker’s stock valued at $239,000 after purchasing an additional 170 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in Anheuser-Busch InBev SA/NV by 2.3% during the 1st quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker’s stock valued at $473,000 after purchasing an additional 174 shares during the last quarter. Crossmark Global Holdings Inc. grew its holdings in Anheuser-Busch InBev SA/NV by 1.1% during the 1st quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker’s stock valued at $1,046,000 after purchasing an additional 179 shares during the last quarter. Huntington National Bank grew its holdings in Anheuser-Busch InBev SA/NV by 16.3% during the 2nd quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker’s stock valued at $95,000 after purchasing an additional 194 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its holdings in Anheuser-Busch InBev SA/NV by 4.2% during the 3rd quarter. Apollon Wealth Management LLC now owns 5,042 shares of the consumer goods maker’s stock valued at $301,000 after purchasing an additional 203 shares during the last quarter. 5.53% of the stock is currently owned by 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.