Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Buy Rating at Jefferies Financial Group

Key Points

• Jefferies reiterated a “buy” rating on Anheuser-Busch InBev, while broader analyst coverage remains favorable: 12 analysts rate the stock Buy and five rate it Hold, with a consensus price target of $91.08.
• BUD shares opened at $77.05, down 1.5%, below their 50-day moving average of $80.44 but within a 52-week range of $58.44 to $86.60.
• The company exceeded quarterly expectations, reporting $1.21 in earnings per share versus the $1.09 consensus and revenue of $16.66 billion, up 11% year over year.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "buy" rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued on Thursday.

A number of other research firms also recently issued reports on BUD. Morgan Stanley reduced their price objective on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an "overweight" rating on the stock in a research note on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday. Bank of America reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday. UBS Group reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday. Finally, Wells Fargo & Company raised their target price on Anheuser-Busch InBev SA/NV from $93.00 to $97.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $91.08.

Anheuser-Busch InBev SA/NV Trading Down 1.5%

Shares of NYSE:BUD opened at $77.05 on Thursday. The company has a market cap of $155.59 billion, a P/E ratio of 16.33, a PEG ratio of 1.12 and a beta of 0.59. 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 has a 1 year low of $58.44 and a 1 year high of $86.60. The stock's fifty day moving average price is $80.44 and its 200-day moving average price is $78.39.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.12. The firm had revenue of $16.66 billion during the quarter, compared to analysts' expectations 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 quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.98 earnings per share. Sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 4.38 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Archer Investment Corp purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth approximately $25,000. GHP Investment Advisors Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the first quarter valued at $32,000. Continuum Advisory LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the second quarter valued at $39,000. First Horizon Corp boosted its stake in Anheuser-Busch InBev SA/NV by 84.6% in the first quarter. First Horizon Corp now owns 502 shares of the consumer goods maker's stock valued at $35,000 after acquiring an additional 230 shares in the last quarter. Finally, Western Wealth Management LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the first quarter worth about $36,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

About Anheuser-Busch InBev SA/NV

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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