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

Key Points

• Analysts rate Anheuser-Busch InBev “Moderate Buy”: Of 17 analysts, 12 recommend buying the stock and five recommend holding it. The average 12-month price target is $91.08.
• Institutional interest increased: Several hedge funds and investment firms expanded their positions, although institutional investors collectively own 5.53% of the company.
• Shares declined 3.6% to $74.31: Despite the pullback, the company exceeded quarterly earnings and revenue expectations, reporting $1.21 EPS and $16.66 billion in revenue, with revenue up 11% year over year.

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the seventeen ratings firms that are currently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $91.08.

A number of research firms have recently weighed in on BUD. Bank of America reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Weiss Ratings downgraded Anheuser-Busch InBev SA/NV from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, July 17th. UBS Group reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Finally, Wells Fargo & Company lifted their price objective on shares of Anheuser-Busch InBev SA/NV from $93.00 to $97.00 and gave the company an "overweight" rating in a research report on Friday, July 31st.

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

Institutional investors have recently bought and sold shares of the stock. Wellington Management Group LLP increased its holdings in shares of Anheuser-Busch InBev SA/NV by 10,464.1% in the 2nd quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker's stock worth $262,876,000 after buying an additional 3,160,049 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 7,474.5% during the 2nd quarter. NewEdge Advisors LLC now owns 522,643 shares of the consumer goods maker's stock valued at $43,066,000 after buying an additional 515,743 shares in the last quarter. Cook & Bynum Capital Management LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at about $33,282,514. Renaissance Technologies LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 64.7% in the 1st quarter. Renaissance Technologies LLC now owns 810,874 shares of the consumer goods maker's stock valued at $56,250,000 after acquiring an additional 318,600 shares during the last quarter. Finally, Sei Investments Co. grew its position in Anheuser-Busch InBev SA/NV by 24.0% in the first quarter. Sei Investments Co. now owns 370,795 shares of the consumer goods maker's stock worth $25,723,000 after acquiring an additional 71,779 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 3.6%

Shares of Anheuser-Busch InBev SA/NV stock opened at $74.31 on Wednesday. The company has a market capitalization of $150.06 billion, a P/E ratio of 15.74, a P/E/G ratio of 1.10 and a beta of 0.59. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.50 and a current ratio of 0.66. The company has a fifty day moving average of $80.09 and a 200 day moving average of $78.50. Anheuser-Busch InBev SA/NV has a fifty-two week low of $58.44 and a fifty-two week high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a return on equity of 16.42% and a net margin of 14.90%.The business had revenue of $16.66 billion during the quarter, compared to analyst estimates of $16.23 billion. During the same quarter in the prior year, the business posted $0.98 EPS. Anheuser-Busch InBev SA/NV's revenue for the quarter was up 11.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.39 earnings per share for the current fiscal year.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV is a global brewer headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic beverages through a portfolio of international, regional and local brands. Its best-known brands include Budweiser, Corona, Stella Artois, Michelob Ultra, Beck's, Hoegaarden and Brahma, along with numerous country-specific offerings.

The company serves consumers across the Americas, Europe, Africa and Asia-Pacific through a broad network of breweries, distribution operations and commercial partnerships.

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