Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) Price Target at $72.13

Anheuser-Busch InBev SA/NV (NYSE:BUD) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $72.13.

Several equities analysts have recently issued reports on the company. Morgan Stanley reduced their price objective on Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. UBS Group raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research note on Monday, June 24th.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $60.54 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The firm has a market capitalization of $108.80 billion, a PE ratio of 25.44, a P/E/G ratio of 1.70 and a beta of 1.10. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $67.49. The business’s fifty day moving average price is $60.24 and its two-hundred day moving average price is $61.27.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. The business had revenue of $15.33 billion for the quarter, compared to analysts’ expectations of $15.21 billion. Anheuser-Busch InBev SA/NV had a net margin of 9.89% and a return on equity of 21.74%. During the same quarter last year, the company earned $0.72 EPS. On average, research analysts expect that Anheuser-Busch InBev SA/NV will post 3.35 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Capital International Investors lifted its holdings in Anheuser-Busch InBev SA/NV by 1.8% in the 1st quarter. Capital International Investors now owns 2,163,607 shares of the consumer goods maker’s stock valued at $131,504,000 after acquiring an additional 38,747 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in Anheuser-Busch InBev SA/NV by 36.8% during the first quarter. DAVENPORT & Co LLC now owns 2,062,543 shares of the consumer goods maker’s stock valued at $125,389,000 after purchasing an additional 555,362 shares during the last quarter. Seafarer Capital Partners LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 20.2% during the first quarter. Seafarer Capital Partners LLC now owns 952,000 shares of the consumer goods maker’s stock worth $57,863,000 after buying an additional 160,000 shares in the last quarter. Wells Fargo & Company MN grew its position in Anheuser-Busch InBev SA/NV by 4.4% in the fourth quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock worth $56,476,000 after buying an additional 37,084 shares during the last quarter. Finally, Armistice Capital LLC grew its position in Anheuser-Busch InBev SA/NV by 19.5% in the second quarter. Armistice Capital LLC now owns 839,000 shares of the consumer goods maker’s stock worth $48,788,000 after buying an additional 137,000 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

About Anheuser-Busch InBev SA/NV

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.