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.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft decreased their price objective on Anheuser-Busch InBev SA/NV from €74.00 ($75.51) to €73.00 ($74.49) and set a "buy" rating for the company in a research note on Tuesday, July 5th. Citigroup upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a research report on Tuesday, July 5th. Barclays cut their target price on Anheuser-Busch InBev SA/NV from €84.00 ($85.71) to €77.00 ($78.57) in a research note on Monday, July 11th. Morgan Stanley dropped their price objective on Anheuser-Busch InBev SA/NV from €54.00 ($55.10) to €52.00 ($53.06) in a research note on Wednesday, June 29th. Finally, Credit Suisse Group decreased their price target on Anheuser-Busch InBev SA/NV from €59.00 ($60.20) to €58.00 ($59.18) in a report on Friday, May 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of "Hold" and an average target price of $65.16.
Anheuser-Busch InBev SA/NV Trading Down 1.1 %
Shares of BUD Stock traded down $0.62 on Monday, reaching $54.27. 20,449 shares of the stock were exchanged, compared to its average volume of 1,475,057. Anheuser-Busch InBev SA/NV has a 1-year low of $50.59 and a 1-year high of $67.91. The stock has a market cap of $107.45 billion, a P/E ratio of 28.29, a price-to-earnings-growth ratio of 2.12 and a beta of 1.25. The company has a quick ratio of 0.47, a current ratio of 0.67 and a debt-to-equity ratio of 0.99. The firm has a 50 day moving average of $53.93 and a two-hundred day moving average of $57.18.