Anheuser-Busch InBev SA/NV (NYSE:BUD) Raised to Buy at StockNews.com

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) was upgraded by equities researchers at StockNews.com from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

A number of other research firms also recently weighed in on BUD. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating on the stock. Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target on the stock in a research note on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of "Buy" and a consensus target price of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $67.30 on Friday. The firm has a market cap of $120.95 billion, a price-to-earnings ratio of 20.77, a price-to-earnings-growth ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.55. The firm's fifty day moving average price is $63.33 and its 200 day moving average price is $56.72.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The company's revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter last year, the business earned $0.75 EPS. On average, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. NBC Securities Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $32,000. R Squared Ltd purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at approximately $30,000. Garde Capital Inc. acquired a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth approximately $37,000. Rakuten Securities Inc. grew its stake in Anheuser-Busch InBev SA/NV by 2,722.7% in the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after acquiring an additional 599 shares during the period. Finally, ST Germain D J Co. Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the 1st quarter valued at $41,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

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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