Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Buy Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a research report released on Thursday,MarketScreener reports.

Other research analysts also recently issued reports about the company. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, February 12th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, February 16th. Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. Finally, DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and an average target price of $86.50.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD opened at $71.35 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The business’s fifty day moving average price is $73.88 and its two-hundred day moving average price is $66.43. Anheuser-Busch InBev SA/NV has a fifty-two week low of $56.97 and a fifty-two week high of $81.56. The stock has a market capitalization of $139.17 billion, a price-to-earnings ratio of 20.74, a price-to-earnings-growth ratio of 1.19 and a beta of 0.58.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. The firm had revenue of $15.56 billion during the quarter, compared to the consensus estimate of $15.48 billion. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm posted $0.88 EPS. As a group, analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Bogart Wealth LLC boosted its position in Anheuser-Busch InBev SA/NV by 3,800.0% in the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after buying an additional 380 shares during the last quarter. Birchwood Financial Partners Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $26,000. Salomon & Ludwin LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 494.7% during the third quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after acquiring an additional 371 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Anheuser-Busch InBev SA/NV by 79.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 220 shares during the period. Finally, Mather Group LLC. bought a new position in Anheuser-Busch InBev SA/NV in the third quarter valued at about $34,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.