UBS Group Reaffirms Buy Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating restated by investment analysts at UBS Group in a research report issued on Tuesday,MarketScreener reports.

Several other research firms have also weighed in on BUD. TD Cowen upped their target price on shares of Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a report on Friday. Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, June 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, June 1st. Finally, Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 19th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $91.94.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD opened at $83.70 on Tuesday. The stock has a market capitalization of $163.26 billion, a PE ratio of 22.88, a P/E/G ratio of 1.38 and a beta of 0.59. The stock has a 50-day simple moving average of $79.92 and a 200 day simple moving average of $74.11. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. Anheuser-Busch InBev SA/NV has a twelve month low of $56.97 and a twelve month high of $85.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. The company had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. Research analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 12.0% during the first quarter. Parallel Advisors LLC now owns 6,626 shares of the consumer goods maker’s stock worth $460,000 after acquiring an additional 708 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at about $283,000. Western Wealth Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter worth about $36,000. EverSource Wealth Advisors LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 51.0% during the first quarter. EverSource Wealth Advisors LLC now owns 4,462 shares of the consumer goods maker’s stock worth $310,000 after purchasing an additional 1,508 shares during the period. Finally, Maverick Capital Ltd. grew its position in shares of Anheuser-Busch InBev SA/NV by 42.1% in the 1st quarter. Maverick Capital Ltd. now owns 51,020 shares of the consumer goods maker’s stock valued at $3,539,000 after purchasing an additional 15,122 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

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.