Anheuser Busch Inbev SA (NYSE:BUD) was downgraded by stock analysts at Investec from a “buy” rating to a “hold” rating in a report issued on Thursday.

Other equities research analysts have also recently issued reports about the stock. Kepler Capital Markets raised shares of Anheuser Busch Inbev SA from a “hold” rating to a “buy” rating in a report on Monday, August 22nd. Jefferies Group started coverage on shares of Anheuser Busch Inbev SA in a report on Tuesday, September 13th. They issued a “buy” rating and a $146.00 target price for the company. Citigroup Inc. reaffirmed a “buy” rating on shares of Anheuser Busch Inbev SA in a report on Monday, September 26th. Liberum Capital initiated coverage on shares of Anheuser Busch Inbev SA in a report on Monday, October 3rd. They issued a “buy” rating for the company. Finally, Goldman Sachs Group Inc. initiated coverage on shares of Anheuser Busch Inbev SA in a report on Monday, October 10th. They set a “buy” rating for the company. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $133.76.

Analyst Recommendations for Anheuser Busch Inbev SA (NYSE:BUD)

Shares of Anheuser Busch Inbev SA (NYSE:BUD) opened at 101.88 on Thursday. The firm has a market capitalization of $163.80 billion and a PE ratio of 54.36. Anheuser Busch Inbev SA has a 12-month low of $101.00 and a 12-month high of $136.08. The company has a 50-day moving average price of $123.48 and a 200 day moving average price of $125.29.

Anheuser Busch Inbev SA (NYSE:BUD) last announced its earnings results on Friday, October 28th. The company reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by $0.36. The firm had revenue of $11.69 billion for the quarter, compared to analyst estimates of $11.40 billion. During the same period last year, the firm earned $1.02 earnings per share. The business’s revenue was up 2.8% on a year-over-year basis. On average, equities analysts expect that Anheuser Busch Inbev SA will post $3.65 earnings per share for the current year.

The firm also recently declared a dividend, which will be paid on Thursday, December 8th. Stockholders of record on Wednesday, November 16th will be given a $1.379 dividend. The ex-dividend date is Monday, November 14th.

A number of hedge funds have recently made changes to their positions in BUD. BlackRock Institutional Trust Company N.A. raised its stake in shares of Anheuser Busch Inbev SA by 39.4% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 185,168 shares of the company’s stock worth $23,083,000 after buying an additional 52,355 shares during the period. UBS Asset Management Americas Inc. raised its stake in shares of Anheuser Busch Inbev SA by 59.4% in the first quarter. UBS Asset Management Americas Inc. now owns 20,821 shares of the company’s stock worth $2,596,000 after buying an additional 7,756 shares during the period. Silvercrest Asset Management Group LLC raised its stake in shares of Anheuser Busch Inbev SA by 6.1% in the first quarter. Silvercrest Asset Management Group LLC now owns 27,273 shares of the company’s stock worth $3,400,000 after buying an additional 1,565 shares during the period. LPL Financial LLC raised its stake in shares of Anheuser Busch Inbev SA by 7.3% in the first quarter. LPL Financial LLC now owns 39,894 shares of the company’s stock worth $4,948,000 after buying an additional 2,710 shares during the period. Finally, Eachwin Capital LP purchased a new stake in shares of Anheuser Busch Inbev SA during the first quarter worth about $475,000.

Anheuser Busch Inbev SA Company Profile

Anheuser-Busch Inbev SA (AB InBev) is a global brewer. The Company has a portfolio of over 200 beer brands. The Company operates through seven segments: North America, Mexico, Latin America North, Latin America South, Europe, Asia Pacific, and Global Export and Holding Companies. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

5 Day Chart for NYSE:BUD

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