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

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a report issued on Monday,MarketScreener reports.

Other analysts also recently issued reports about the company. Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft restated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday. DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 7th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and an average target price of $81.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $80.40 on Monday. Anheuser-Busch InBev SA/NV has a 52-week low of $52.47 and a 52-week high of $81.56. The stock has a market cap of $157.00 billion, a PE ratio of 23.37, a P/E/G ratio of 1.68 and a beta of 0.55. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The firm has a 50-day moving average of $67.91 and a 200-day moving average of $63.41.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The business had revenue of $15.56 billion during the quarter, compared to analyst estimates of $15.48 billion. Anheuser-Busch InBev SA/NV had a return on equity of 24.32% and a net margin of 11.53%.The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.88 EPS. On average, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Hedge funds have recently added to or reduced their stakes in the business. Bogart Wealth LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after purchasing an additional 380 shares during the period. Salomon & Ludwin LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 494.7% in the third quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after buying an additional 371 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter worth about $28,000. Parkside Financial Bank & Trust boosted its position in Anheuser-Busch InBev SA/NV by 79.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock worth $32,000 after acquiring an additional 220 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at about $34,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.