Anheuser-Busch InBev SA/NV's (BUD) "Buy" Rating Reiterated at UBS Group

Key Points

• UBS Group reaffirmed its “Buy” rating on Anheuser-Busch InBev, while the broader analyst consensus remains “Moderate Buy” with an average price target of $91.08.
• BUD shares opened at $77.05, down 1.5%, trading below their 50-day moving average but within a one-year range of $58.44 to $86.60.
• The company beat quarterly expectations, reporting $1.21 in EPS versus $1.09 expected 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 restated by investment analysts at UBS Group in a research report issued on Thursday.

A number of other research analysts also recently weighed in on the company. JPMorgan Chase & Co. reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Sanford C. Bernstein reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Berenberg Bank restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, June 5th. Barclays restated an "equal weight" rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, July 27th. Finally, TD Cowen upped their target price on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a "hold" rating in a report on Friday, June 26th. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Moderate Buy" and a consensus price target of $91.08.

Anheuser-Busch InBev SA/NV Stock Down 1.5%

Shares of BUD stock opened at $77.05 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.50 and a current ratio of 0.66. The business's fifty day moving average is $80.44 and its 200-day moving average is $78.39. Anheuser-Busch InBev SA/NV has a 1 year low of $58.44 and a 1 year high of $86.60. The stock has a market cap of $155.59 billion, a PE ratio of 16.33, a price-to-earnings-growth ratio of 1.12 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS 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 business's quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.98 earnings per share. Equities analysts expect that Anheuser-Busch InBev SA/NV will post 4.38 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of hedge funds and other institutional investors have recently bought and sold shares of BUD. Archer Investment Corp purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at $25,000. GHP Investment Advisors Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the first quarter worth $32,000. First Horizon Corp raised its holdings in Anheuser-Busch InBev SA/NV by 84.6% in the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker's stock worth $35,000 after purchasing an additional 230 shares in the last quarter. Western Wealth Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth about $36,000. Finally, Continuum Advisory LLC bought a new position in Anheuser-Busch InBev SA/NV in the second quarter worth about $39,000. 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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