Anheuser-Busch InBev SA/NV’s (BUD) Buy Rating Reiterated at UBS Group

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating restated by equities research analysts at UBS Group in a research note issued to investors on Thursday.

BUD has been the topic of several other research reports. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. TD Cowen lifted their price target on shares of Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the company a “hold” rating in a research report on Friday, June 26th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Wednesday, September 16th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and an average price target of $91.08.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $77.05 on Thursday. The firm has a market cap of $155.59 billion, a PE ratio of 16.33, a P/E/G ratio of 1.12 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a 1-year low of $58.44 and a 1-year high of $86.60. The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 0.68. The firm has a fifty day simple moving average of $80.44 and a two-hundred day simple moving average of $78.39.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.12. The business had revenue of $16.66 billion for the quarter, compared to analysts’ expectations of $16.23 billion. Anheuser-Busch InBev SA/NV had a return on equity of 16.42% and a net margin of 14.90%.The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the firm posted $0.98 earnings per share. On average, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.38 EPS for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of hedge funds have recently made changes to their positions in the stock. Archer Investment Corp bought a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at approximately $25,000. GHP Investment Advisors Inc. acquired a new stake in Anheuser-Busch InBev SA/NV during the first quarter valued at $32,000. Continuum Advisory LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the 2nd quarter worth approximately $39,000. First Horizon Corp increased its holdings in shares of Anheuser-Busch InBev SA/NV by 84.6% during the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock worth $35,000 after purchasing an additional 230 shares during the period. Finally, Western Wealth Management LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $36,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV is a global brewing and beverage company headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic and nonalcoholic beverages through a broad portfolio of international, regional and local brands.

Its leading brands include Budweiser, Bud Light, Corona, Stella Artois, Michelob ULTRA, Beck’s, Hoegaarden and Leffe. AB InBev also offers a range of craft, premium, flavored and alcohol-free beverages, serving consumers through retail, hospitality and e-commerce channels.

The company was formed in 2008 through the combination of InBev and Anheuser-Busch, bringing together Anheuser-Busch’s U.S.