Anheuser-Busch InBev SA/NV (NYSE:BUD) Price Target Raised to $93.83

Anheuser-Busch InBev SA/NV (NYSE:BUD) had its target price increased by stock analysts at JPMorgan Chase & Co. from $84.00 to $93.83 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the consumer goods maker’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 16.30% from the stock’s previous close.

Several other research firms have also issued reports on BUD. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 20th. Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $91.61.

Anheuser-Busch InBev SA/NV Trading Down 1.7%

BUD stock traded down $1.41 during trading on Thursday, hitting $80.68. The company had a trading volume of 1,034,460 shares, compared to its average volume of 2,210,273. The stock has a market cap of $157.36 billion, a PE ratio of 22.05, a PEG ratio of 1.48 and a beta of 0.57. The business has a 50-day moving average of $73.54 and a 200-day moving average of $68.89. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a one year low of $56.97 and a one year high of $82.91.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly 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 net margin of 11.90% and a return on equity of 12.26%. The firm had revenue of $15.27 billion for the quarter. Research analysts predict that Anheuser-Busch InBev SA/NV will post 4.2 earnings per share for the current fiscal year.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bessemer Group Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 145.2% in the 1st quarter. Bessemer Group Inc. now owns 5,616 shares of the consumer goods maker’s stock worth $389,000 after purchasing an additional 3,326 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Anheuser-Busch InBev SA/NV by 23.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 14,071 shares of the consumer goods maker’s stock worth $996,000 after buying an additional 2,699 shares during the last quarter. Independent Financial Group LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at $208,000. Bank of New York Mellon Corp grew its holdings in shares of Anheuser-Busch InBev SA/NV by 15.9% during the first quarter. Bank of New York Mellon Corp now owns 67,750 shares of the consumer goods maker’s stock valued at $4,700,000 after buying an additional 9,305 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 11.2% during the first quarter. Sanctuary Advisors LLC now owns 27,378 shares of the consumer goods maker’s stock worth $1,899,000 after acquiring an additional 2,755 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV News Summary

Here are the key news stories impacting Anheuser-Busch InBev SA/NV this week:

• Positive Sentiment: Major broker support — multiple banks have reaffirmed or initiated “buy”/overweight ratings (Bank of America, Citi, Goldman Sachs, Barclays, Jefferies, JPMorgan, UBS, Berenberg, Bernstein), which underpins upside potential and analyst conviction. Anheuser Busch InBev Receives a Buy from Bank of America Securities Citi Sticks to Its Buy Rating for Anheuser Busch InBev Goldman Sachs Gives a Buy Rating
• Positive Sentiment: Q1 beats and volume-led turnaround — Q1 revenue ($15.27B) and EPS ($0.97) topped expectations, and management flagged returning volume growth, which many investors view as evidence the company has arrested prior declines. That operational improvement is cited in several post-earnings pieces. Anheuser-Busch Stock Jumps as Volume Growth Signals Turnaround Corona, Budweiser Beer Maker Sees ‘Premium’ Boom
• Neutral Sentiment: Wells Fargo raised its price target (to $93) and other firms reiterated constructive views — supportive for medium-term upside but already reflected in recent gains. Wells Fargo Price Target Raise
• Neutral Sentiment: Brand/PR wins and favorable coverage (Cannes Lions award, WSJ feature, Zacks momentum write-up) improve sentiment and narrative but have limited direct near-term earnings impact. AB InBev Wins Cannes Lions Creative Marketer of the Year Why Anheuser-Busch Inbev is a Top Momentum Stock
• Negative Sentiment: Profit-taking / weaker intraday demand — after the recent rally, the stock is pulling back as investors lock gains; intraday volume is well below the stock’s average, which can amplify downward moves. (Background trading data.)
• Negative Sentiment: Mixed/neutral coverage from a few houses (Deutsche Bank neutral) and valuation/debt considerations could limit upside for some investors even as earnings trend improves. Deutsche Bank Neutral Rating

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.