Morgan Stanley Has Lowered Expectations for Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Price

Anheuser-Busch InBev SA/NV (NYSE:BUD) had its target price reduced by investment analysts at Morgan Stanley from $86.50 to $84.50 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the consumer goods maker’s stock. Morgan Stanley’s price target would indicate a potential upside of 5.27% from the company’s previous close.

A number of other equities analysts have also recently issued reports on BUD. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. TD Cowen lifted their target price on shares of Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a report on Friday, June 26th. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, June 1st. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $90.08.

Anheuser-Busch InBev SA/NV Stock Down 2.6%

Shares of NYSE:BUD opened at $80.27 on Thursday. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. The stock has a fifty day simple moving average of $80.16 and a two-hundred day simple moving average of $74.37. Anheuser-Busch InBev SA/NV has a 12-month low of $56.97 and a 12-month high of $85.56. The stock has a market capitalization of $156.56 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 1.38 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 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 firm had revenue of $15.27 billion for the quarter. On average, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.33 earnings per share for the current fiscal year.

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

A number of hedge funds have recently bought and sold shares of BUD. Balanced Rock Investment Advisors LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 1.4% in the fourth quarter. Balanced Rock Investment Advisors LLC now owns 9,185 shares of the consumer goods maker’s stock worth $588,000 after acquiring an additional 130 shares during the period. Persium Advisors LLC grew its position in Anheuser-Busch InBev SA/NV by 1.4% in the 1st quarter. Persium Advisors LLC now owns 10,890 shares of the consumer goods maker’s stock worth $755,000 after purchasing an additional 152 shares during the period. Fifth Third Bancorp grew its position in Anheuser-Busch InBev SA/NV by 19.0% in the 1st quarter. Fifth Third Bancorp now owns 1,029 shares of the consumer goods maker’s stock worth $71,000 after purchasing an additional 164 shares during the period. Brucke Financial Inc. increased its position in Anheuser-Busch InBev SA/NV by 2.9% during the fourth quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock valued at $399,000 after acquiring an additional 178 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Anheuser-Busch InBev SA/NV by 0.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock worth $2,747,000 after purchasing an additional 189 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

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.