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
BUD Stock opened at $54.48 on Tuesday. The firm has a 50 day simple moving average of $53.91 and a two-hundred day simple moving average of $57.12. The stock has a market cap of $107.87 billion, a PE ratio of 28.08, a P/E/G ratio of 2.12 and a beta of 1.25. Anheuser-Busch InBev SA/NV has a one year low of $50.59 and a one year high of $67.91. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.67 and a quick ratio of 0.47.
Analyst Upgrades and Downgrades
BUD has been the subject of several recent research reports. Sanford C. Bernstein reduced their target price on shares of Anheuser-Busch InBev SA/NV to $67.60 in a report on Friday, May 27th. JPMorgan Chase & Co. cut their price target on Anheuser-Busch InBev SA/NV from €55.00 ($56.12) to €50.00 ($51.02) in a research note on Tuesday, July 5th. 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. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, August 1st. Finally, Barclays reduced their price target on Anheuser-Busch InBev SA/NV from €84.00 ($85.71) to €77.00 ($78.57) in a report on Monday, July 11th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $65.16.