Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report)‘s stock had its “neutral” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Tuesday,MarketScreener reports.
Several other equities research analysts have also recently commented on BUD. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 20th. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, February 16th. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $86.50.
View Our Latest Stock Report on BUD
Anheuser-Busch InBev SA/NV Trading Down 1.1%
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last released its earnings results 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 company had revenue of $15.56 billion during the quarter, compared to analysts’ expectations 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 business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $0.88 EPS. Analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.
Institutional Trading of Anheuser-Busch InBev SA/NV
Institutional investors have recently modified their holdings of the company. Fisher Asset Management LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 3.3% in the fourth quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock valued at $728,801,000 after purchasing an additional 368,721 shares during the last quarter. Morgan Stanley grew its position in shares of Anheuser-Busch InBev SA/NV by 29.8% in the fourth quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock valued at $269,337,000 after purchasing an additional 966,378 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 1.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker’s stock valued at $256,792,000 after purchasing an additional 42,009 shares during the last quarter. Bank of America Corp DE grew its position in shares of Anheuser-Busch InBev SA/NV by 12.8% in the third quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker’s stock valued at $224,786,000 after purchasing an additional 426,495 shares during the last quarter. Finally, GQG Partners LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $149,778,000. 5.53% of the stock is currently owned by institutional investors.
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.
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