Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Neutral Rating from Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft restated a neutral rating on Anheuser-Busch InBev (NYSE: BUD), but the sell-side consensus remains a Moderate Buy with an average price target of $86.50 (1 Strong Buy, 11 Buy, 4 Hold).
• BUD's latest quarter beat expectations, reporting $0.95 EPS vs. $0.91 estimate and $15.56B in revenue, with revenue up 6.2% year-over-year.
• Institutional buying has increased—most notably Goldman Sachs raised its stake by 25.3% to about 1.32 million shares (~$81.15M)—and the stock trades near $71.70 with a market cap of roughly $140B.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "neutral" rating restated by analysts at Deutsche Bank Aktiengesellschaft in a report issued on Tuesday,MarketScreener reports.

Several other equities analysts have also commented on BUD. DZ Bank reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 20th. Jefferies Financial Group restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, February 12th. Wells Fargo & Company increased their price target on Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the stock an "overweight" rating in a research note on Monday, February 9th. Barclays reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $86.50.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock opened at $71.70 on Tuesday. The stock's 50 day moving average price is $73.97 and its 200 day moving average price is $66.73. The firm has a market capitalization of $139.85 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 1.20 and a beta of 0.58. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. Anheuser-Busch InBev SA/NV has a one year low of $56.97 and a one year high of $81.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 EPS for the quarter, topping the consensus estimate of $0.91 by $0.04. The firm had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.Anheuser-Busch InBev SA/NV's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.88 EPS. As a group, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BUD. AQR Capital Management LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 52.9% during the 1st quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker's stock valued at $556,000 after acquiring an additional 3,127 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of 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 acquiring an additional 642 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of 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 acquiring an additional 265,783 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Anheuser-Busch InBev SA/NV by 40.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,562 shares of the consumer goods maker's stock worth $657,000 after buying an additional 2,736 shares during the period. Finally, New York State Common Retirement Fund bought a new position in Anheuser-Busch InBev SA/NV in the 2nd quarter valued at $120,000. Institutional investors and hedge funds 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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