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

A number of other research analysts also recently commented on BUD. Susquehanna reissued a buy rating on shares of Anheuser Busch Inbev SA in a research report on Sunday, July 17th. Vetr downgraded shares of Anheuser Busch Inbev SA from a strong-buy rating to a buy rating and set a $130.17 target price on the stock. in a research report on Monday, May 23rd. Zacks Investment Research raised shares of Anheuser Busch Inbev SA from a sell rating to a hold rating in a research report on Wednesday, August 3rd. HSBC reissued a buy rating on shares of Anheuser Busch Inbev SA in a research report on Thursday, June 30th. Finally, Kepler Capital Markets raised shares of Anheuser Busch Inbev SA from a hold rating to a buy rating in a research report on Monday, August 22nd. One analyst has rated the stock with a sell rating, four have issued a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of $133.26.

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

Anheuser Busch Inbev SA (NYSE:BUD) last posted its quarterly earnings results on Friday, July 29th. The company reported $1.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.06. The company earned $10.81 billion during the quarter, compared to analysts’ expectations of $10.93 billion. The company’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.21 EPS. On average, analysts anticipate that Anheuser Busch Inbev SA will post $3.70 EPS for the current fiscal year.

Several large investors have recently added to or reduced their stakes in BUD. Winslow Evans & Crocker Inc. boosted its position in shares of Anheuser Busch Inbev SA by 0.3% in the second quarter. Winslow Evans & Crocker Inc. now owns 782 shares of the company’s stock valued at $103,000 after buying an additional 2 shares during the last quarter. Pinkerton Retirement Specialists LLC purchased a new position in shares of Anheuser Busch Inbev SA during the second quarter valued at $114,000. Stuart Chaussee & Associates Inc. boosted its position in shares of Anheuser Busch Inbev SA by 36.0% in the second quarter. Stuart Chaussee & Associates Inc. now owns 925 shares of the company’s stock valued at $122,000 after buying an additional 245 shares during the last quarter. Assetmark Inc. boosted its position in shares of Anheuser Busch Inbev SA by 18.6% in the second quarter. Assetmark Inc. now owns 945 shares of the company’s stock valued at $124,000 after buying an additional 148 shares during the last quarter. Finally, Ropes Wealth Advisors LLC boosted its position in shares of Anheuser Busch Inbev SA by 58.1% in the first quarter. Ropes Wealth Advisors LLC now owns 1,015 shares of the company’s stock valued at $127,000 after buying an additional 373 shares during the last quarter.

About Anheuser Busch Inbev SA

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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