Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $71.50 Consensus Price Target from Brokerages

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) have earned a consensus recommendation of "Buy" from the ten research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, six have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $71.50.

BUD has been the topic of several research analyst reports. Wall Street Zen cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their target price for the company from $70.10 to $88.00 in a research report on Monday, May 12th. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price on the stock in a research report on Thursday, March 27th. Finally, Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating on the stock.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Hawaiian Bank raised its position in Anheuser-Busch InBev SA/NV by 2.6% in the 1st quarter. First Hawaiian Bank now owns 51,386 shares of the consumer goods maker's stock worth $3,163,000 after purchasing an additional 1,294 shares during the period. Focus Partners Wealth raised its position in Anheuser-Busch InBev SA/NV by 19.9% in the 1st quarter. Focus Partners Wealth now owns 26,428 shares of the consumer goods maker's stock worth $1,627,000 after purchasing an additional 4,387 shares during the period. Ascent Group LLC raised its position in Anheuser-Busch InBev SA/NV by 11.1% in the 1st quarter. Ascent Group LLC now owns 23,311 shares of the consumer goods maker's stock worth $1,435,000 after purchasing an additional 2,333 shares during the period. Goldman Sachs Group Inc. raised its position in Anheuser-Busch InBev SA/NV by 25.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker's stock worth $81,151,000 after purchasing an additional 265,783 shares during the period. Finally, NewEdge Advisors LLC raised its position in Anheuser-Busch InBev SA/NV by 7.8% in the 1st quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker's stock worth $546,000 after purchasing an additional 642 shares during the period. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock traded down $0.42 during mid-day trading on Monday, hitting $68.49. The company had a trading volume of 2,292,346 shares, compared to its average volume of 1,988,053. The company has a market capitalization of $123.09 billion, a price-to-earnings ratio of 19.85, a P/E/G ratio of 1.81 and a beta of 0.82. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.80. The company has a 50-day moving average price of $68.96 and a 200 day moving average price of $60.62.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.74% and a return on equity of 16.09%. The business's quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.75 EPS. On average, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 7th were given a $1.0492 dividend. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a yield of 1.2%. The ex-dividend date was Wednesday, May 7th. Anheuser-Busch InBev SA/NV's dividend payout ratio is 24.35%.

About Anheuser-Busch InBev SA/NV

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.