JPMorgan Chase & Co. Reiterates “Buy” Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reiterated by investment analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday,MarketScreener reports.

Other research analysts have also issued research reports about the company. Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. TD Cowen boosted their price objective on shares of Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the company a “hold” rating in a research note on Friday. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Wells Fargo & Company increased their price objective on shares of Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.94.

Anheuser-Busch InBev SA/NV Trading Down 0.2%

NYSE:BUD opened at $83.70 on Tuesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The stock has a fifty day moving average price of $79.92 and a two-hundred day moving average price of $74.11. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $85.56. The stock has a market capitalization of $163.26 billion, a price-to-earnings ratio of 22.88, a PEG ratio of 1.38 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%.The business had revenue of $15.27 billion during the quarter. As a group, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bogart Wealth LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after acquiring an additional 380 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth about $26,000. GHP Investment Advisors Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at about $32,000. Parkside Financial Bank & Trust grew its stake in Anheuser-Busch InBev SA/NV by 79.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 220 shares in the last quarter. Finally, First Horizon Corp increased its holdings in Anheuser-Busch InBev SA/NV by 84.6% during the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock worth $35,000 after purchasing an additional 230 shares during the last quarter. 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 (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.