Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $71.00 Average Target Price from Analysts

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been assigned a consensus recommendation of “Moderate Buy” from the sixteen analysts that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, twelve have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $71.00.

A number of research analysts have issued reports on BUD shares. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, October 21st.

Anheuser-Busch InBev SA/NV Stock Up 0.0%

Shares of BUD opened at $64.56 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. The company has a 50-day moving average price of $60.53 and a two-hundred day moving average price of $64.51. The stock has a market cap of $126.05 billion, a price-to-earnings ratio of 18.13, a P/E/G ratio of 1.75 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The business’s revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.98 earnings per share. Equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th will be paid a $0.1722 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a yield of 55.0%. Anheuser-Busch InBev SA/NV’s payout ratio is currently 7.84%.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Boston Partners acquired a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter worth about $328,000. Invesco Ltd. raised its stake in shares of Anheuser-Busch InBev SA/NV by 23.8% in the third quarter. Invesco Ltd. now owns 291,678 shares of the consumer goods maker’s stock worth $17,387,000 after acquiring an additional 56,161 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of Anheuser-Busch InBev SA/NV by 227.5% in the third quarter. BNP Paribas Financial Markets now owns 509,904 shares of the consumer goods maker’s stock worth $30,395,000 after acquiring an additional 354,210 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Anheuser-Busch InBev SA/NV by 150.6% during the third quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock worth $70,869,000 after purchasing an additional 714,420 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of Anheuser-Busch InBev SA/NV by 7.2% during the third quarter. Russell Investments Group Ltd. now owns 10,248 shares of the consumer goods maker’s stock valued at $611,000 after purchasing an additional 686 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.