Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) PT at $90.08

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have earned a consensus recommendation of “Moderate Buy” from the seventeen research firms that are covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $90.0825.

A number of brokerages recently issued reports on BUD. Deutsche Bank Aktiengesellschaft reissued a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, July 1st. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Finally, Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th.

Anheuser-Busch InBev SA/NV Stock Up 1.0%

Shares of NYSE BUD opened at $81.61 on Friday. The company has a 50 day simple moving average of $81.25 and a 200-day simple moving average of $75.94. The company has a market capitalization of $159.19 billion, a P/E ratio of 22.30, a P/E/G ratio of 1.35 and a beta of 0.59. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $85.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%.The company had revenue of $15.27 billion during the quarter. On average, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 4.31 earnings per share for the current year.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Hedge funds have recently added to or reduced their stakes in the business. Fisher Asset Management LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock valued at $728,801,000 after buying an additional 368,721 shares during the period. Penn Davis Mcfarland Inc. grew its holdings in Anheuser-Busch InBev SA/NV by 4.9% during the 4th quarter. Penn Davis Mcfarland Inc. now owns 486,842 shares of the consumer goods maker’s stock worth $31,177,000 after acquiring an additional 22,748 shares in the last quarter. ARQ Wealth Advisors LLC grew its holdings in Anheuser-Busch InBev SA/NV by 691.3% during the 1st quarter. ARQ Wealth Advisors LLC now owns 60,299 shares of the consumer goods maker’s stock worth $4,183,000 after acquiring an additional 52,679 shares in the last quarter. Greenwood Capital Associates LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at approximately $3,636,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 64.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 46,416 shares of the consumer goods maker’s stock valued at $2,959,000 after purchasing an additional 18,107 shares during the last quarter. 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.