Jefferies Financial Group Reaffirms "Buy" Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Key Points

• Jefferies Financial Group has reaffirmed its "Buy" rating for Anheuser-Busch InBev SA/NV, indicating strong confidence in the stock's performance.
• Anheuser-Busch InBev's stock has received a consensus rating of "Buy" from analysts, with a target price of $71.00.
• Despite a recent 0.3% decline in stock value, the company reported earnings of $0.98 EPS, exceeding estimates and showing a net margin of 12.16%.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Jefferies Financial Group in a report released on Wednesday,MarketScreener reports.

A number of other analysts have also recently weighed in on the company. Weiss Ratings restated a "hold (c-)" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Saturday, September 27th. JPMorgan Chase & Co. reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. Royal Bank Of Canada reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, September 17th. Berenberg Bank reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 18th. Finally, UBS Group restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Down 0.3%

Shares of NYSE:BUD opened at $59.53 on Wednesday. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. The business has a 50-day moving average price of $60.42 and a 200 day moving average price of $64.69. The company has a market capitalization of $116.23 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 1.69 and a beta of 0.76.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, beating the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same period in the previous year, the firm posted $0.90 earnings per share. Anheuser-Busch InBev SA/NV's quarterly revenue was down 2.1% on a year-over-year basis. Sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Legacy Investment Solutions LLC bought a new stake in Anheuser-Busch InBev SA/NV during the 2nd quarter valued at approximately $28,000. Elevation Point Wealth Partners LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth approximately $35,000. NBC Securities Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $32,000. NewSquare Capital LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 602.7% during the 2nd quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker's stock worth $36,000 after buying an additional 452 shares during the period. Finally, Garde Capital Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $37,000. Institutional investors and hedge funds own 5.53% of the company's stock.

About Anheuser-Busch InBev SA/NV

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.

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