Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $81.00 Average Price Target from Brokerages

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have earned a consensus rating of “Moderate Buy” from the seventeen analysts that are currently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $81.00.

A number of equities research analysts have weighed in on the stock. Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. SBG Securities downgraded Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, February 16th. Wells Fargo & Company boosted their target price on Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Finally, Berenberg Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th.

Anheuser-Busch InBev SA/NV Stock Down 2.6%

BUD stock opened at $67.48 on Friday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $56.97 and a fifty-two week high of $81.56. The company has a market capitalization of $131.62 billion, a price-to-earnings ratio of 19.62, a price-to-earnings-growth ratio of 1.17 and a beta of 0.54. The business’s 50 day moving average price is $73.79 and its two-hundred day moving average price is $65.83. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 EPS for the quarter, beating the consensus estimate 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 15.67% and a net margin of 11.53%.The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.88 earnings per share. As a group, analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of institutional investors and hedge funds have recently modified their holdings of BUD. Bogart Wealth LLC increased its holdings in Anheuser-Busch InBev SA/NV by 3,800.0% in the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after buying an additional 380 shares in the last quarter. Birchwood Financial Partners Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $26,000. Salomon & Ludwin LLC grew its stake 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 worth $27,000 after acquiring an additional 371 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of Anheuser-Busch InBev SA/NV by 79.1% in 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 period. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at approximately $35,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

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.