JPMorgan Chase & Co. Reaffirms "Buy" Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Key Points

• JPMorgan Chase & Co. has reaffirmed its "Buy" rating for Anheuser-Busch InBev SA/NV (NYSE:BUD), highlighting positive analyst sentiment towards the stock.
• The stock has generated significant interest, with twelve analysts currently rating it as a "Buy," along with two giving it a "Strong Buy," and a consensus target price of $71.00.
• Anheuser-Busch InBev's shares are currently trading around $59.51, with a market cap of $116.20 billion and a recent quarterly earnings report indicating a small increase in earnings per share year-over-year.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "buy" rating restated by stock analysts at JPMorgan Chase & Co. in a research note issued on Tuesday,MarketScreener reports.

Other equities analysts also recently issued research reports about the stock. Sanford C. Bernstein reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, September 15th. UBS Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 18th. Berenberg Bank reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 18th. Morningstar upgraded shares of Anheuser-Busch InBev SA/NV to a "buy" rating in a research report on Thursday, September 18th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 25th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Down 0.6%

Shares of Anheuser-Busch InBev SA/NV stock opened at $59.51 on Tuesday. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The firm has a market capitalization of $116.20 billion, a PE ratio of 16.71, a price-to-earnings-growth ratio of 1.67 and a beta of 0.79. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. The stock's fifty day moving average is $61.55 and its 200-day moving average is $64.86.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share 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. The firm's quarterly revenue was down 2.1% on a year-over-year basis. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BUD. GAMMA Investing LLC grew its position in Anheuser-Busch InBev SA/NV by 7,716.4% in the 1st quarter. GAMMA Investing LLC now owns 71,286 shares of the consumer goods maker's stock worth $4,388,000 after purchasing an additional 70,374 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 65.4% during the 1st quarter. Parallel Advisors LLC now owns 5,684 shares of the consumer goods maker's stock valued at $350,000 after purchasing an additional 2,248 shares during the last quarter. NBC Securities Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the first quarter valued at $32,000. LVW Advisors LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 18.2% during the first quarter. LVW Advisors LLC now owns 7,615 shares of the consumer goods maker's stock worth $469,000 after acquiring an additional 1,171 shares in the last quarter. Finally, Merit Financial Group LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 31.7% in the first quarter. Merit Financial Group LLC now owns 14,635 shares of the consumer goods maker's stock valued at $901,000 after buying an additional 3,526 shares during the period. 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 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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