Anheuser-Busch InBev SA/NV (NYSE:BUD) Given “Buy” Rating at Barclays

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating restated by stock analysts at Barclays in a research report issued to clients and investors on Thursday,MarketScreener reports.

A number of other research analysts also recently issued reports on BUD. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, November 26th. Morningstar raised shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a report on Thursday, September 18th. Kepler Capital Markets lowered shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Deutsche Bank Aktiengesellschaft cut shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and a consensus target price of $72.00.

Anheuser-Busch InBev SA/NV Stock Up 0.8%

BUD opened at $62.77 on Thursday. The firm’s 50 day simple moving average is $61.50 and its two-hundred day simple moving average is $63.81. The company has a market capitalization of $122.57 billion, a PE ratio of 20.48, a PEG ratio of 1.78 and a beta of 0.58. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $72.13. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. The firm had revenue of $15.13 billion during the quarter, compared to the consensus estimate of $15.28 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.98 EPS. As a group, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Several hedge funds have recently bought and sold shares of the stock. Salomon & Ludwin LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 494.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after acquiring an additional 371 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at approximately $28,000. Mather Group LLC. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at approximately $34,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter worth approximately $35,000. Finally, NewSquare Capital LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 602.7% during the 2nd quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock valued at $36,000 after purchasing an additional 452 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. 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.