Anheuser-Busch InBev SA/NV's (BUD) Buy Rating Reaffirmed at UBS Group

Key Points

• UBS reaffirmed its "buy" rating on Anheuser-Busch InBev, and analysts' consensus is a Moderate Buy with a consensus target price of $86.50.
• The company beat quarterly expectations (EPS $0.95 vs. $0.91; revenue $15.56 billion, up 6.2% year‑over‑year) and currently trades around $71.70 with a PE of 20.85 and market cap of about $140 billion.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "buy" rating reaffirmed by UBS Group in a report released on Tuesday,MarketScreener reports.

A number of other brokerages have also recently commented on BUD. Deutsche Bank Aktiengesellschaft restated a "neutral" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, February 16th. Berenberg Bank reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, February 16th. Wells Fargo & Company increased their target price on shares of 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. Jefferies Financial Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. Finally, SBG Securities cut shares of Anheuser-Busch InBev SA/NV to a "hold" rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $86.50.

Anheuser-Busch InBev SA/NV Trading Down 1.1%

NYSE:BUD opened at $71.70 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The firm has a 50-day moving average of $73.97 and a 200-day moving average of $66.73. The company has a market cap of $139.85 billion, a PE ratio of 20.85, a PEG ratio of 1.20 and a beta of 0.58. 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 issued its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The business had revenue of $15.56 billion during the quarter, compared to the consensus estimate of $15.48 billion. During the same period in the prior year, the firm posted $0.88 EPS. The firm's quarterly revenue was up 6.2% compared to the same quarter last year. As a group, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Several institutional investors and hedge funds have recently made changes to their positions in BUD. GQG Partners LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at $149,778,000. Morgan Stanley raised its position in shares of Anheuser-Busch InBev SA/NV by 29.8% during the 4th quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker's stock valued at $269,337,000 after buying an additional 966,378 shares in the last quarter. Bank of Montreal Can raised its position in shares of Anheuser-Busch InBev SA/NV by 150.6% during the 3rd quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker's stock valued at $70,869,000 after buying an additional 714,420 shares in the last quarter. Bank of America Corp DE raised its position in shares of Anheuser-Busch InBev SA/NV by 23.7% during the 2nd quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker's stock valued at $229,831,000 after buying an additional 641,158 shares in the last quarter. Finally, First Trust Advisors LP raised its position in shares of Anheuser-Busch InBev SA/NV by 535.6% during the 3rd quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker's stock valued at $38,962,000 after buying an additional 550,774 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 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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