BidaskClub Lowers Anheuser-Busch Inbev SA (BUD) to Sell
Anheuser-Busch Inbev SA (NYSE:BUD) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday.
Other equities research analysts also recently issued research reports about the stock. Jefferies Group LLC restated a “buy” rating and issued a $132.00 target price on shares of Anheuser-Busch Inbev SA in a research note on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Anheuser-Busch Inbev SA in a research note on Monday, July 10th. Susquehanna Bancshares Inc reiterated a “hold” rating and set a $103.00 price target (up previously from $101.00) on shares of Anheuser-Busch Inbev SA in a research report on Thursday, May 4th. Vetr downgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $109.86 price target on the stock. in a research report on Tuesday, April 25th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $140.00 price target (up previously from $134.00) on shares of Anheuser-Busch Inbev SA in a research report on Friday, June 23rd. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the company. Anheuser-Busch Inbev SA presently has a consensus rating of “Hold” and an average target price of $128.10.
Anheuser-Busch Inbev SA (NYSE BUD) traded down 0.67% on Thursday, reaching $116.85. 242,457 shares of the company’s stock were exchanged. The stock has a market capitalization of $225.95 billion, a PE ratio of 58.25 and a beta of 1.07. The firm has a 50 day moving average of $114.95 and a 200 day moving average of $112.43. Anheuser-Busch Inbev SA has a 12 month low of $98.28 and a 12 month high of $136.08.
Anheuser-Busch Inbev SA (NYSE:BUD) last issued its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by $0.19. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The firm had revenue of $14.18 billion during the quarter, compared to analyst estimates of $14.15 billion. During the same quarter in the prior year, the firm posted $1.06 EPS. The firm’s revenue for the quarter was up 31.2% on a year-over-year basis. Equities analysts predict that Anheuser-Busch Inbev SA will post $4.16 earnings per share for the current fiscal year.
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Hedge funds have recently made changes to their positions in the company. Chicago Partners Investment Group LLC purchased a new stake in shares of Anheuser-Busch Inbev SA during the second quarter valued at $101,000. Kistler Tiffany Companies LLC boosted its stake in shares of Anheuser-Busch Inbev SA by 151.9% in the first quarter. Kistler Tiffany Companies LLC now owns 985 shares of the consumer goods maker’s stock valued at $108,000 after buying an additional 594 shares in the last quarter. BDO Wealth Advisors LLC purchased a new stake in shares of Anheuser-Busch Inbev SA during the second quarter valued at $110,000. Jacobus Wealth Management Inc. boosted its stake in shares of Anheuser-Busch Inbev SA by 4.2% in the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock valued at $114,000 after buying an additional 42 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. boosted its stake in shares of Anheuser-Busch Inbev SA by 5.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,103 shares of the consumer goods maker’s stock valued at $121,000 after buying an additional 54 shares in the last quarter. 5.27% of the stock is owned by hedge funds and other institutional investors.
Anheuser-Busch Inbev SA Company Profile
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. 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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