Anheuser Busch Inbev SA (NYSE:BUD)’s share price traded up 3.3% during mid-day trading on Thursday . The company traded as high as $126.00 and last traded at $125.92, with a volume of 3,751,554 shares traded. The stock had previously closed at $121.94.

A number of equities analysts have recently issued reports on the company. Credit Agricole SA reissued an “outperform” rating and set a $142.00 price target on shares of Anheuser Busch Inbev SA in a research report on Friday, July 1st. Susquehanna reissued a “buy” rating on shares of Anheuser Busch Inbev SA in a research report on Wednesday, June 8th. Vetr downgraded Anheuser Busch Inbev SA from a “strong-buy” rating to a “buy” rating and set a $137.18 price target on the stock. in a research report on Monday, April 25th. Royal Bank Of Canada downgraded Anheuser Busch Inbev SA from a “sector perform” rating to an “underperform” rating and increased their price target for the stock from $102.00 to $106.00 in a research report on Wednesday, July 6th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $125.00 price target on shares of Anheuser Busch Inbev SA in a research report on Monday, April 25th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $132.80.

The stock has a 50-day moving average of $126.26 and a 200 day moving average of $123.09. The stock has a market capitalization of $207.93 billion and a PE ratio of 37.72.

Anheuser Busch Inbev SA (NYSE:BUD) last announced its earnings results on Friday, July 29th. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $1.00 by $0.06. The company had revenue of $10.81 billion for the quarter, compared to the consensus estimate of $10.93 billion. During the same period in the previous year, the firm posted $1.21 EPS. The business’s quarterly revenue was down 2.2% on a year-over-year basis. On average, equities analysts anticipate that Anheuser Busch Inbev SA will post $3.69 EPS for the current year.

Other hedge funds recently made changes to their positions in the company. BlackRock Advisors LLC bought a new stake in shares of Anheuser Busch Inbev SA during the fourth quarter valued at approximately $142,592,000. I.G. Investment Management LTD. bought a new stake in shares of Anheuser Busch Inbev SA during the fourth quarter valued at approximately $4,841,000. Veritable L.P. increased its stake in shares of Anheuser Busch Inbev SA by 24.9% in the fourth quarter. Veritable L.P. now owns 55,662 shares of the company’s stock valued at $6,958,000 after buying an additional 11,103 shares during the last quarter. US Bancorp DE increased its stake in shares of Anheuser Busch Inbev SA by 4.9% in the fourth quarter. US Bancorp DE now owns 113,961 shares of the company’s stock valued at $14,245,000 after buying an additional 5,285 shares during the last quarter. Finally, Alpine Woods Capital Investors LLC increased its stake in shares of Anheuser Busch Inbev SA by 5.2% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 152,000 shares of the company’s stock valued at $19,000,000 after buying an additional 7,500 shares during the last quarter.

Anheuser-Busch Inbev SA (AB InBev) is a global brewer. The Company has a portfolio of over 200 beer brands. The Company operates through seven segments: North America, Mexico, Latin America North, Latin America South, Europe, Asia Pacific, and Global Export and Holding Companies. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

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