Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) Price Target at $81.00

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have earned an average recommendation of “Moderate Buy” from the sixteen ratings firms that are covering the company, MarketBeat.com reports. Three 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 1 year target price among brokers that have issued a report on the stock in the last year is $81.00.

Several research analysts have commented on BUD shares. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, December 29th. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BUD. Bogart Wealth LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after purchasing an additional 380 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $26,000. 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. Finally, Parkside Financial Bank & Trust increased its stake in shares of Anheuser-Busch InBev SA/NV by 79.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 220 shares in the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 0.4%

BUD opened at $78.45 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a fifty-two week low of $53.52 and a fifty-two week high of $81.56. The company’s 50 day moving average price is $69.62 and its two-hundred day moving average price is $64.10. The firm has a market capitalization of $153.19 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 1.33 and a beta of 0.55.

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 net margin of 11.53% and a return on equity of 15.67%. The company had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. During the same quarter in the previous year, the business earned $0.88 earnings per share. Anheuser-Busch InBev SA/NV’s revenue was up 6.2% compared to the same quarter last year. As a group, research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

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.