Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Anheuser-Busch InBev SA/NV has received a consensus rating of "Moderate Buy" from fourteen brokerages, with ten analysts issuing buy recommendations and one rating it as a strong buy.
• The average 12-month price target for the stock is $71.00, and it is currently trading at around $60.21, reflecting a 1.4% increase.
• Recently, several institutional investors have taken positions in Anheuser-Busch InBev, including NewSquare Capital LLC, which raised its holdings by 602.7% in the second quarter.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) has earned an average recommendation of "Moderate Buy" from the fourteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $71.00.

Several research firms recently commented on BUD. Kepler Capital Markets lowered Anheuser-Busch InBev SA/NV from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 9th. The Goldman Sachs Group restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 25th. Sanford C. Bernstein reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 30th. Finally, Morningstar raised shares of Anheuser-Busch InBev SA/NV to a "buy" rating in a research note on Thursday, September 18th.

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

A number of institutional investors have recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at about $28,000. Elevation Point Wealth Partners LLC purchased a new position in Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $35,000. NewSquare Capital LLC raised its holdings in Anheuser-Busch InBev SA/NV by 602.7% in the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker's stock valued at $36,000 after buying an additional 452 shares during the period. Garde Capital Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $37,000. Finally, Rossby Financial LCC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter worth $49,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Up 1.4%

Shares of NYSE BUD opened at $60.21 on Wednesday. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13. The firm's 50 day moving average price is $60.38 and its 200 day moving average price is $64.62. The firm has a market cap of $117.56 billion, a P/E ratio of 16.91, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same quarter last year, the firm posted $0.90 EPS. The company's quarterly revenue was down 2.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

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