Jefferies Group started coverage on shares of Anheuser Busch Inbev SA (NYSE:BUD) in a research note released on Tuesday morning. The brokerage issued a buy rating and a $146.00 target price on the stock.

Other equities research analysts also recently issued research reports about the company. Vetr downgraded Anheuser Busch Inbev SA from a strong-buy rating to a buy rating and set a $130.17 target price for the company. in a report on Monday, May 23rd. Susquehanna reissued a buy rating on shares of Anheuser Busch Inbev SA in a report on Sunday, July 17th. HSBC reissued a buy rating on shares of Anheuser Busch Inbev SA in a report on Thursday, June 30th. Investec raised their target price on Anheuser Busch Inbev SA from $126.22 to $136.95 and gave the company a buy rating in a report on Wednesday, June 1st. Finally, Kepler Capital Markets raised Anheuser Busch Inbev SA from a hold rating to a buy rating in a report on Monday, August 22nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of $133.26.

Anheuser Busch Inbev SA (NYSE:BUD) opened at 124.09 on Tuesday. Anheuser Busch Inbev SA has a 12 month low of $103.19 and a 12 month high of $132.91. The stock’s 50 day moving average is $125.32 and its 200 day moving average is $124.64. The firm has a market cap of $199.50 billion and a PE ratio of 52.49.

Anheuser Busch Inbev SA (NYSE:BUD) last released its earnings results on Friday, July 29th. The company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.06. The business earned $10.81 billion during the quarter, compared to analyst estimates of $10.93 billion. During the same period last year, the business posted $1.21 EPS. Anheuser Busch Inbev SA’s revenue was down 2.2% compared to the same quarter last year. On average, equities analysts forecast that Anheuser Busch Inbev SA will post $3.70 earnings per share for the current year.

A number of hedge funds have recently bought and sold shares of the stock. Williams Jones & Associates LLC boosted its stake in Anheuser Busch Inbev SA by 111.4% in the second quarter. Williams Jones & Associates LLC now owns 7,400 shares of the company’s stock valued at $974,000 after buying an additional 3,900 shares during the period. AR Asset Management Inc. purchased a new position in Anheuser Busch Inbev SA during the second quarter valued at $751,000. Northwestern Mutual Wealth Management Co. raised its position in Anheuser Busch Inbev SA by 11.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 37,587 shares of the company’s stock valued at $4,950,000 after buying an additional 3,967 shares in the last quarter. Howe & Rusling Inc. raised its position in Anheuser Busch Inbev SA by 9.5% in the second quarter. Howe & Rusling Inc. now owns 43,243 shares of the company’s stock valued at $5,694,000 after buying an additional 3,755 shares in the last quarter. Finally, Sterling Capital Management LLC raised its position in Anheuser Busch Inbev SA by 35.6% in the second quarter. Sterling Capital Management LLC now owns 2,323 shares of the company’s stock valued at $306,000 after buying an additional 610 shares in the last quarter.

Anheuser Busch Inbev SA Company Profile

Anheuser-Busch Inbev SA (AB InBev) is a global brewer. The Company has a portfolio of over 200 beer brands. The Company operates through seven segments: North America, Mexico, Latin America North, Latin America South, Europe, Asia Pacific, and Global Export and Holding Companies. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

5 Day Chart for NYSE:BUD

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