Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $91.08 Average Price Target from Analysts

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been assigned a consensus recommendation of “Moderate Buy” from the seventeen analysts that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $91.0825.

A number of equities research analysts recently issued reports on the company. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 21st. Morgan Stanley reduced their target price on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating on the stock in a research note on Thursday, July 2nd. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. Weiss Ratings cut shares of Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 17th. Finally, TD Cowen boosted their price target on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the company a “hold” rating in a report on Friday, June 26th.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $80.25 on Friday. The firm has a 50-day moving average price of $80.82 and a 200-day moving average price of $78.38. The firm has a market capitalization of $162.04 billion, a PE ratio of 17.00, a price-to-earnings-growth ratio of 1.15 and a beta of 0.59. The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 0.68. Anheuser-Busch InBev SA/NV has a 12-month low of $57.79 and a 12-month high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS for the quarter, beating the consensus estimate of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The company had revenue of $16.66 billion for the quarter, compared to the consensus estimate of $16.23 billion. During the same period in the prior year, the firm posted $0.98 EPS. The firm’s revenue was up 11.0% compared to the same quarter last year. As a group, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.38 EPS for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Institutional investors have recently made changes to their positions in the business. Balanced Rock Investment Advisors LLC raised its position in Anheuser-Busch InBev SA/NV by 1.4% during the 4th quarter. Balanced Rock Investment Advisors LLC now owns 9,185 shares of the consumer goods maker’s stock worth $588,000 after buying an additional 130 shares during the last quarter. CoreCap Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 32.8% in the 2nd quarter. CoreCap Advisors LLC now owns 595 shares of the consumer goods maker’s stock worth $49,000 after acquiring an additional 147 shares in the last quarter. Persium Advisors LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 1.4% during 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 last quarter. Fifth Third Bancorp increased its stake in Anheuser-Busch InBev SA/NV by 19.0% during the 1st quarter. Fifth Third Bancorp now owns 1,029 shares of the consumer goods maker’s stock worth $71,000 after buying an additional 164 shares in the last quarter. Finally, PFG Private Wealth Management LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 3.6% during the second quarter. PFG Private Wealth Management LLC now owns 4,844 shares of the consumer goods maker’s stock worth $399,000 after purchasing an additional 167 shares in the last quarter. Institutional investors and hedge funds 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.