Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) PT at $93.42

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given an average recommendation of “Moderate Buy” by the fifteen ratings firms that are presently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $93.4150.

A number of brokerages recently commented on BUD. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, May 6th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 19th. Wells Fargo & Company upped their target price on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 21st. Finally, Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE BUD opened at $80.07 on Thursday. The business has a fifty day simple moving average of $75.94 and a 200 day simple moving average of $71.35. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $156.17 billion, a price-to-earnings ratio of 21.88, a PEG ratio of 1.31 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a one year low of $56.97 and a one year high of $84.46.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. The business had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%. Sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Seafarer Capital Partners LLC raised its stake in Anheuser-Busch InBev SA/NV by 1.5% during the third quarter. Seafarer Capital Partners LLC now owns 1,034,000 shares of the consumer goods maker’s stock worth $61,637,000 after acquiring an additional 15,000 shares in the last quarter. Atlantic Union Bankshares Corp raised its stake in Anheuser-Busch InBev SA/NV by 33,184.8% during the third quarter. Atlantic Union Bankshares Corp now owns 15,311 shares of the consumer goods maker’s stock worth $913,000 after acquiring an additional 15,265 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 53.7% during the third quarter. Victory Capital Management Inc. now owns 828,670 shares of the consumer goods maker’s stock worth $49,397,000 after purchasing an additional 289,431 shares during the last quarter. Caprock Group LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter worth $818,000. Finally, Aquatic Capital Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter worth $5,355,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

About Anheuser-Busch InBev SA/NV

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.