Anheuser-Busch InBev SA/NV (NYSE:BUD) Earns "Buy" Rating from Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank reaffirmed a “Buy” rating on Anheuser-Busch InBev, joining several other analysts with positive views. The stock has a consensus “Moderate Buy” rating and an average target price of $91.08.
• AB InBev exceeded quarterly expectations, reporting $1.21 in EPS versus the $1.09 estimate and $16.66 billion in revenue versus $16.23 billion expected. Revenue increased 11% year over year.
• BUD opened at $77.05, with a market capitalization of $155.59 billion and a one-year trading range of $58.44 to $86.60. Institutional investors and hedge funds own 5.53% of the company’s shares.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday.

BUD has been the topic of several other reports. Sanford C. Bernstein reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Berenberg Bank reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, June 5th. Morgan Stanley cut their target price on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an "overweight" rating on the stock in a research report on Thursday, July 2nd. Bank of America reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. Finally, Wells Fargo & Company raised their price objective on Anheuser-Busch InBev SA/NV from $93.00 to $97.00 and gave the stock an "overweight" rating in a report on Friday, July 31st. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Moderate Buy" and a consensus target price of $91.08.

Anheuser-Busch InBev SA/NV Price Performance

NYSE:BUD opened at $77.05 on Thursday. The firm has a market capitalization of $155.59 billion, a price-to-earnings ratio of 16.33, a PEG ratio of 1.12 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a 1 year low of $58.44 and a 1 year high of $86.60. The business has a 50 day simple moving average of $80.44 and a 200-day simple moving average of $78.39. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.66 and a quick ratio of 0.50.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $1.09 by $0.12. The company had revenue of $16.66 billion during the quarter, compared to analyst estimates of $16.23 billion. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The firm's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter last year, the business posted $0.98 EPS. Equities analysts forecast that Anheuser-Busch InBev SA/NV will post 4.38 EPS for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Institutional investors and hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 1.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker's stock worth $256,792,000 after buying an additional 42,009 shares during the last quarter. Wellington Management Group LLP boosted its position in Anheuser-Busch InBev SA/NV by 10,464.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker's stock valued at $262,876,000 after purchasing an additional 3,160,049 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 64.7% during the first quarter. Renaissance Technologies LLC now owns 810,874 shares of the consumer goods maker's stock valued at $56,250,000 after buying an additional 318,600 shares during the last quarter. First Trust Advisors LP raised its holdings in Anheuser-Busch InBev SA/NV by 5.1% during the first quarter. First Trust Advisors LP now owns 601,440 shares of the consumer goods maker's stock worth $41,722,000 after purchasing an additional 29,124 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Anheuser-Busch InBev SA/NV by 7,474.5% during the second quarter. NewEdge Advisors LLC now owns 522,643 shares of the consumer goods maker's stock valued at $43,066,000 after purchasing an additional 515,743 shares during the last quarter. 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 is a global brewing and beverage company headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic and nonalcoholic beverages through a broad portfolio of international, regional and local brands.

Its leading brands include Budweiser, Bud Light, Corona, Stella Artois, Michelob ULTRA, Beck's, Hoegaarden and Leffe. AB InBev also offers a range of craft, premium, flavored and alcohol-free beverages, serving consumers through retail, hospitality and e-commerce channels.

The company was formed in 2008 through the combination of InBev and Anheuser-Busch, bringing together Anheuser-Busch's U.S.

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