Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Average Recommendation of "Buy" from Analysts

Key Points

• Anheuser-Busch InBev SA/NV has received an average recommendation of "Buy" from analysts, with one hold rating, six buy ratings, and three strong buy ratings.
• The average 12-month price target among analysts for the stock is $71.50, and recent upgrades include a boost from BNP Paribas to a "strong-buy" rating.
• The company's shares closed at $63.11, with a 52-week range between $45.94 and $72.13, indicating current stock performance amid a backdrop of hedge funds increasing their positions in the company.

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

A number of brokerages have recently commented on BUD. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their target price for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. Finally, Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th.

Anheuser-Busch InBev SA/NV Stock Down 1.2%

Shares of BUD opened at $63.11 on Tuesday. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $72.13. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $113.42 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 1.80 and a beta of 0.79. The stock's 50-day moving average price is $66.02 and its 200-day moving average price is $64.42.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS 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 period in the prior year, the business earned $0.90 EPS. The firm's revenue for the quarter was down 2.1% compared to the same quarter last year. On average, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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

A number of hedge funds have recently bought and sold shares of the business. Dodge & Cox boosted its position in Anheuser-Busch InBev SA/NV by 2.8% during the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker's stock worth $2,531,109,000 after purchasing an additional 1,119,308 shares in the last quarter. Fisher Asset Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 4.5% during the second quarter. Fisher Asset Management LLC now owns 10,663,933 shares of the consumer goods maker's stock worth $732,826,000 after purchasing an additional 454,621 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in Anheuser-Busch InBev SA/NV by 7.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker's stock worth $379,004,000 after purchasing an additional 505,206 shares in the last quarter. Bank of America Corp DE boosted its position in Anheuser-Busch InBev SA/NV by 23.7% during the second quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker's stock worth $229,831,000 after purchasing an additional 641,158 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 7.3% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker's stock worth $171,767,000 after purchasing an additional 190,830 shares in the last quarter. 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 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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