Anheuser-Busch InBev SA/NV’s (BUD) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reaffirmed by equities researchers at Deutsche Bank Aktiengesellschaft in a research note issued on Thursday.

Other equities analysts have also recently issued research reports about the company. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Weiss Ratings downgraded shares of Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Barclays restated an “equal weight” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, July 27th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Finally, Morgan Stanley lowered their price target on shares of Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating on the stock in a research report on Thursday, July 2nd. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $91.08.

Anheuser-Busch InBev SA/NV Trading Down 1.5%

Shares of BUD opened at $77.05 on Thursday. The stock’s fifty day simple moving average is $80.44 and its 200-day simple moving average is $78.39. The firm has a market capitalization of $155.59 billion, a PE ratio of 16.33, a price-to-earnings-growth ratio of 1.12 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a 12-month low of $58.44 and a 12-month high of $86.60. The company has a quick ratio of 0.50, a current ratio of 0.66 and a debt-to-equity ratio of 0.68.

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

Institutional Trading of Anheuser-Busch InBev SA/NV

Several institutional investors have recently made changes to their positions in BUD. QRG Capital Management Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 13.4% during the 2nd quarter. QRG Capital Management Inc. now owns 99,913 shares of the consumer goods maker’s stock worth $8,233,000 after purchasing an additional 11,832 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 24.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 5,072 shares of the consumer goods maker’s stock worth $418,000 after buying an additional 997 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 8.1% in the second quarter. Sequoia Financial Advisors LLC now owns 36,875 shares of the consumer goods maker’s stock worth $3,038,000 after purchasing an additional 2,773 shares during the period. Tidal Investments LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 8.4% in the second quarter. Tidal Investments LLC now owns 10,810 shares of the consumer goods maker’s stock worth $891,000 after purchasing an additional 839 shares during the last quarter. Finally, WINTON GROUP Ltd lifted its position in Anheuser-Busch InBev SA/NV by 25.9% during the second quarter. WINTON GROUP Ltd now owns 6,800 shares of the consumer goods maker’s stock valued at $560,000 after purchasing an additional 1,400 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV is a global brewing and beverage company headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic and nonalcoholic beverages through a broad portfolio of international, regional and local brands.

Its leading brands include Budweiser, Bud Light, Corona, Stella Artois, Michelob ULTRA, Beck’s, Hoegaarden and Leffe. AB InBev also offers a range of craft, premium, flavored and alcohol-free beverages, serving consumers through retail, hospitality and e-commerce channels.

The company was formed in 2008 through the combination of InBev and Anheuser-Busch, bringing together Anheuser-Busch’s U.S.