Anheuser Busch Price Target Increased to $112.00 by Analysts at Stifel Nicolaus (BUD)
Investment analysts at Stifel Nicolaus boosted their target price on shares of Anheuser Busch (NYSE: BUD) from $94.00 to $112.00 in a note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock.
Anheuser Busch opened at 95.83 on Wednesday. Anheuser Busch has a 1-year low of $64.99 and a 1-year high of $97.31. The stock’s 50-day moving average is currently $91.7. The company has a market cap of $153.5 billion and a price-to-earnings ratio of 21.53.
BUD has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Anheuser Busch from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, March 1st. They now have a $92.00 price target on the stock. Separately, analysts at Credit Suisse upgraded shares of Anheuser Busch from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, February 28th. Finally, analysts at Nomura upgraded shares of Anheuser Busch from a “reduce” rating to a “neutral” rating in a research note to investors on Monday, February 25th.
Anheuser-Busch InBev SA/NV is a brewing company. The Company produces, markets, distributes and sells a balanced portfolio of approximately 200 beer brands.
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