Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. 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. The company was founded in 1366 and is headquartered in Leuven, Belgium.
Anheuser-Busch InBev SA/NV Price Performance
Anheuser-Busch InBev SA/NV stock traded up $0.46 during midday trading on Friday, reaching $54.89. 849,372 shares of the stock were exchanged, compared to its average volume of 1,332,919. The company's fifty day moving average is $53.93 and its 200-day moving average is $57.27. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.47 and a current ratio of 0.67. The firm has a market cap of $108.68 billion, a PE ratio of 28.29, a PEG ratio of 2.11 and a beta of 1.25. Anheuser-Busch InBev SA/NV has a 52 week low of $50.59 and a 52 week high of $67.91.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on BUD shares. Royal Bank of Canada cut their price target on shares of Anheuser-Busch InBev SA/NV from €65.00 ($66.33) to €64.00 ($65.31) in a report on Monday, August 1st. Credit Suisse Group dropped their target price on shares of Anheuser-Busch InBev SA/NV from €59.00 ($60.20) to €58.00 ($59.18) in a research note on Friday, May 6th. Sanford C. Bernstein dropped their target price on shares of Anheuser-Busch InBev SA/NV to $67.60 in a research note on Friday, May 27th. Barclays dropped their target price on shares of Anheuser-Busch InBev SA/NV from €84.00 ($85.71) to €77.00 ($78.57) in a research note on Monday, July 11th. Finally, Morgan Stanley dropped their target price on shares of Anheuser-Busch InBev SA/NV from €54.00 ($55.10) to €52.00 ($53.06) in a research note on Wednesday, June 29th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of "Hold" and an average target price of $65.16.