Anheuser-Busch InBev SA/NV (NYSE:BUD) Upgraded at Evercore ISI

Evercore ISI upgraded shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) to a strong-buy rating in a report issued on Monday, Zacks.com reports.

BUD has been the subject of several other reports. Morgan Stanley increased their price target on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an overweight rating in a report on Tuesday, September 10th. Citigroup upgraded shares of Anheuser-Busch InBev SA/NV from a neutral rating to a buy rating in a report on Tuesday. Finally, UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a neutral rating to a buy rating in a research note on Monday, June 24th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus target price of $73.25.

Anheuser-Busch InBev SA/NV Trading Down 0.4 %

NYSE BUD opened at $66.26 on Monday. Anheuser-Busch InBev SA/NV has a one year low of $51.66 and a one year high of $67.49. The firm has a market cap of $119.08 billion, a PE ratio of 27.84, a P/E/G ratio of 1.77 and a beta of 1.09. The firm’s fifty day moving average is $62.36 and its two-hundred day moving average is $61.45. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 14.77% and a net margin of 9.89%. The company had revenue of $15.33 billion for the quarter, compared to the consensus estimate of $15.21 billion. During the same period last year, the business posted $0.72 EPS. Analysts expect that Anheuser-Busch InBev SA/NV will post 3.41 earnings per share for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Large investors have recently bought and sold shares of the company. GPS Wealth Strategies Group LLC boosted its position in Anheuser-Busch InBev SA/NV by 50.7% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after buying an additional 185 shares during the last quarter. Blue Trust Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 225.0% in the second quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock valued at $33,000 after acquiring an additional 378 shares in the last quarter. Addison Advisors LLC grew its holdings in Anheuser-Busch InBev SA/NV by 39.7% during the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after acquiring an additional 168 shares in the last quarter. Hantz Financial Services Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter worth about $35,000. Finally, Valley Wealth Managers Inc. bought a new stake in Anheuser-Busch InBev SA/NV in the second quarter valued at about $38,000. Institutional investors and hedge funds 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.