Anheuser Busch Inbev SA (NYSE:BUD)’s share price gapped up prior to trading on Monday . The stock had previously closed at $123.41, but opened at $124.09. Anheuser Busch Inbev SA shares last traded at $125.16, with a volume of 505,610 shares traded.

BUD has been the topic of a number of recent research reports. Zacks Investment Research raised shares of Anheuser Busch Inbev SA from a “hold” rating to a “strong-buy” rating and set a $141.00 target price on the stock in a report on Wednesday, September 14th. Kepler Capital Markets raised shares of Anheuser Busch Inbev SA from a “hold” rating to a “buy” rating in a report on Monday, August 22nd. Royal Bank Of Canada cut shares of Anheuser Busch Inbev SA from a “sector perform” rating to an “underperform” rating and raised their target price for the stock from $102.00 to $106.00 in a report on Wednesday, July 6th. Credit Agricole SA reissued an “outperform” rating and issued a $145.00 target price on shares of Anheuser Busch Inbev SA in a report on Sunday, August 21st. Finally, HSBC reaffirmed a “buy” rating on shares of Anheuser Busch Inbev SA in a report on Thursday, June 30th. One analyst has rated the stock with a sell rating, four have given a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. Anheuser Busch Inbev SA presently has an average rating of “Buy” and a consensus price target of $133.26.

The firm has a market cap of $203.27 billion and a PE ratio of 53.48. The stock has a 50-day moving average of $125.13 and a 200-day moving average of $125.02.

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

Hedge funds have recently modified their holdings of the company. Winslow Evans & Crocker Inc. boosted its stake 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 in the last quarter. National Asset Management Inc. boosted its stake in shares of Anheuser Busch Inbev SA by 0.3% in the second quarter. National Asset Management Inc. now owns 2,466 shares of the company’s stock valued at $325,000 after buying an additional 8 shares in the last quarter. 10 15 Associates Inc. boosted its stake in shares of Anheuser Busch Inbev SA by 1.0% in the second quarter. 10 15 Associates Inc. now owns 2,056 shares of the company’s stock valued at $271,000 after buying an additional 20 shares in the last quarter. Rathbone Brothers plc boosted its stake in shares of Anheuser Busch Inbev SA by 1.2% in the second quarter. Rathbone Brothers plc now owns 1,802 shares of the company’s stock valued at $237,000 after buying an additional 22 shares in the last quarter. Finally, Middleton & Co Inc MA boosted its stake in shares of Anheuser Busch Inbev SA by 1.5% in the first quarter. Middleton & Co Inc MA now owns 3,045 shares of the company’s stock valued at $380,000 after buying an additional 45 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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