The Goldman Sachs Group Reiterates Buy Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Key Points

• The Goldman Sachs Group has reiterated its "buy" rating for Anheuser-Busch InBev SA/NV, indicating strong confidence in the stock's performance.
• Other firms, such as Berenberg Bank and BNP Paribas, have also given Anheuser-Busch a "buy" or "strong-buy" rating, contributing to a consensus rating of "Buy" with a price target of $71.00.
• Anheuser-Busch's stock has shown resilience, recently priced at $59.78, with expectations for earnings per share to reach 3.37 for the current year.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "buy" rating restated by investment analysts at The Goldman Sachs Group in a research note issued on Thursday,MarketScreener reports.

Other research analysts have also issued reports about the company. Berenberg Bank reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. BNP Paribas raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, September 10th. Sanford C. Bernstein reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, September 15th. Finally, Royal Bank Of Canada reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, September 17th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $71.00.

Anheuser-Busch InBev SA/NV Stock Up 0.5%

Shares of NYSE BUD opened at $59.78 on Thursday. The stock has a 50 day moving average price of $62.05 and a 200 day moving average price of $64.88. The firm has a market capitalization of $116.72 billion, a price-to-earnings ratio of 16.78, a PEG ratio of 1.67 and a beta of 0.79. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64.

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

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sage Rhino Capital LLC raised its position in Anheuser-Busch InBev SA/NV by 5.1% in the 2nd quarter. Sage Rhino Capital LLC now owns 3,477 shares of the consumer goods maker's stock worth $239,000 after purchasing an additional 170 shares during the period. Vontobel Holding Ltd. lifted its position in shares of Anheuser-Busch InBev SA/NV by 2.3% during the first quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock worth $473,000 after purchasing an additional 174 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 1.1% during the first quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker's stock valued at $1,046,000 after purchasing an additional 179 shares during the period. Huntington National Bank boosted its stake in shares of Anheuser-Busch InBev SA/NV by 16.3% during the second quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker's stock valued at $95,000 after purchasing an additional 194 shares during the period. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 23.5% in the first quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker's stock worth $65,000 after purchasing an additional 200 shares during the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

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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