Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Buy Rating at Sanford C. Bernstein

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating restated by analysts at Sanford C. Bernstein in a note issued to investors on Thursday,MarketScreener reports.

A number of other research analysts have also recently issued reports on BUD. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, November 7th. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, January 27th. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, January 9th. Wells Fargo & Company increased their target price on Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $81.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $80.25 on Thursday. The stock has a market capitalization of $156.71 billion, a PE ratio of 26.18, a P/E/G ratio of 1.59 and a beta of 0.55. Anheuser-Busch InBev SA/NV has a fifty-two week low of $52.47 and a fifty-two week high of $79.96. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. The business has a fifty day moving average price of $67.14 and a two-hundred day moving average price of $63.24.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.20% and a net margin of 10.40%.During the same period in the previous year, the company earned $0.88 EPS. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. As a group, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of large investors have recently bought and sold shares of the business. Bogart Wealth LLC grew its stake in Anheuser-Busch InBev SA/NV by 3,800.0% during the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after purchasing an additional 380 shares during the period. Salomon & Ludwin LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 494.7% during the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock worth $27,000 after buying an additional 371 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth approximately $28,000. Mather Group LLC. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $34,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at $35,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

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.