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

Key Points

• UBS Group has reaffirmed its "buy" rating for Anheuser-Busch InBev SA/NV (NYSE:BUD), following similar ratings from several other research firms.
• The stock currently has a consensus rating of "Buy" with an average target price of $71.00, as analysts predict a favorable outlook.
• Anheuser-Busch InBev recently reported earnings of $0.98 per share, exceeding expectations; however, its revenue declined by 2.1% compared to the previous year.

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

Several other research firms have also recently issued reports on BUD. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. Berenberg Bank reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 18th. JPMorgan Chase & Co. reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. Sanford C. Bernstein reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 25th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Down 0.8%

NYSE:BUD opened at $59.37 on Tuesday. The firm's 50-day moving average price is $61.55 and its 200-day moving average price is $64.86. The company has a market capitalization of $115.93 billion, a PE ratio of 16.67, a P/E/G ratio of 1.67 and a beta of 0.79. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates 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%. The firm's revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.90 EPS. On average, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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

Institutional investors have recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at approximately $28,000. NBC Securities Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter worth $32,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the second quarter worth $35,000. NewSquare Capital LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 602.7% during the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker's stock worth $36,000 after purchasing an additional 452 shares during the last quarter. Finally, Garde Capital Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the first quarter valued at $37,000. 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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