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

Key Points

• Anheuser-Busch InBev has a “Moderate Buy” consensus rating from 17 analysts, with 11 buys and six holds. The average 12-month price target is $91.08, implying potential upside from the $83.08 opening price.
• The company exceeded quarterly expectations, reporting $1.21 in EPS versus the $1.09 estimate and $16.66 billion in revenue versus $16.23 billion expected. Revenue increased 11% year over year.
• BUD shares have traded near their 12-month high, with a range of $57.79 to $86.60, while institutional investors own 5.53% of the stock and several firms recently initiated or increased positions.

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) have been given an average rating of "Moderate Buy" by the seventeen ratings firms that are covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $91.0825.

Several research analysts recently weighed in on the company. Jefferies Financial Group reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. TD Cowen lifted their target price on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the company a "hold" rating in a research note on Friday, June 26th. Sanford C. Bernstein reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. JPMorgan Chase & Co. reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. Finally, Wells Fargo & Company raised their price target on shares of Anheuser-Busch InBev SA/NV from $93.00 to $97.00 and gave the stock an "overweight" rating in a report on Friday, July 31st.

Anheuser-Busch InBev SA/NV Trading Down 0.8%

NYSE BUD opened at $83.08 on Tuesday. The firm's 50 day moving average price is $81.76 and its two-hundred day moving average price is $77.67. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.50 and a current ratio of 0.66. Anheuser-Busch InBev SA/NV has a twelve month low of $57.79 and a twelve month high of $86.60. The stock has a market cap of $167.76 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 1.29 and a beta of 0.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.09 by $0.12. The company had revenue of $16.66 billion during the quarter, compared to analyst estimates of $16.23 billion. Anheuser-Busch InBev SA/NV had a return on equity of 16.42% and a net margin of 14.90%.The company's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.98 earnings per share. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.37 EPS for the current year.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. World Equity Group Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at $536,000. Jacobs & Co. CA purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at $217,000. Valeo Financial Advisors LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 19.4% in the second quarter. Valeo Financial Advisors LLC now owns 4,323 shares of the consumer goods maker's stock worth $356,000 after acquiring an additional 701 shares during the last quarter. 55 North Private Wealth LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter worth $239,000. Finally, Dynamic Advisor Solutions LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter worth $272,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV NYSE: BUD is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world's largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company's operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev's portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.

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