Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given an average rating of “Moderate Buy” by the nine research firms that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $79.00.

Several research firms recently issued reports on BUD. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. TD Cowen cut Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and increased their price objective for the company from $68.00 to $88.00 in a research report on Tuesday, October 8th. Evercore ISI raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Morgan Stanley upped their target price on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research note on Tuesday, September 10th. Finally, Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Wednesday, October 9th.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Institutional investors have recently made changes to their positions in the business. Fisher Asset Management LLC increased its holdings in Anheuser-Busch InBev SA/NV by 6.0% during the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after buying an additional 587,329 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $1,865,000. Cetera Investment Advisers lifted its position in Anheuser-Busch InBev SA/NV by 287.8% during the first quarter. Cetera Investment Advisers now owns 65,183 shares of the consumer goods maker’s stock valued at $3,962,000 after purchasing an additional 48,376 shares in the last quarter. QRG Capital Management Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 57.0% in the second quarter. QRG Capital Management Inc. now owns 82,737 shares of the consumer goods maker’s stock worth $4,811,000 after buying an additional 30,052 shares during the period. Finally, Seafarer Capital Partners LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 11.2% during the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock valued at $70,201,000 after acquiring an additional 107,000 shares during the period. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Down 0.5 %

Shares of NYSE BUD opened at $53.80 on Friday. The firm’s 50 day moving average price is $61.12 and its 200-day moving average price is $61.47. Anheuser-Busch InBev SA/NV has a 52-week low of $53.16 and a 52-week high of $67.49. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The company has a market cap of $96.69 billion, a PE ratio of 16.60, a P/E/G ratio of 1.73 and a beta of 1.12.

Anheuser-Busch InBev SA/NV Company Profile

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.