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

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) have been assigned a consensus rating of "Buy" from the eleven analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, seven have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $71.50.

A number of research analysts have recently weighed in on the company. Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target for the company in a research report on Thursday, March 27th. The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and increased their price objective for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Wall Street Zen cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Finally, Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a "buy" rating for the company.

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

Several institutional investors and hedge funds have recently modified their holdings of BUD. Vontobel Holding Ltd. raised its holdings in Anheuser-Busch InBev SA/NV by 2.3% in the 1st quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock valued at $473,000 after acquiring an additional 174 shares during the last quarter. Crossmark Global Holdings Inc. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 1.1% during the first quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker's stock worth $1,046,000 after purchasing an additional 179 shares during the last quarter. Laurel Wealth Advisors LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 23.5% in the first quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker's stock valued at $65,000 after purchasing an additional 200 shares during the period. Callan Capital LLC increased its stake in Anheuser-Busch InBev SA/NV by 2.2% in the fourth quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker's stock valued at $531,000 after purchasing an additional 229 shares during the last quarter. Finally, Moors & Cabot Inc. increased its stake in Anheuser-Busch InBev SA/NV by 4.6% in the fourth quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker's stock valued at $267,000 after purchasing an additional 234 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock traded down $0.58 during mid-day trading on Thursday, reaching $71.12. The company had a trading volume of 2,565,803 shares, compared to its average volume of 1,935,767. The stock's 50-day simple moving average is $67.07 and its 200-day simple moving average is $58.67. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $71.94. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The company has a market capitalization of $127.82 billion, a P/E ratio of 21.95, a P/E/G ratio of 1.73 and a beta of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The firm's revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 earnings per share. On average, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

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

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.