Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Buy Rating from Royal Bank Of Canada

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report)‘s stock had its “buy” rating restated by stock analysts at Royal Bank Of Canada in a research note issued on Tuesday,MarketScreener reports.

Several other brokerages have also commented on BUD. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 13th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, April 28th. Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 13th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, April 2nd. Finally, UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and an average price target of $86.50.

Get Our Latest Report on BUD

Anheuser-Busch InBev SA/NV Stock Up 8.1%

Shares of BUD opened at $79.87 on Tuesday. The stock has a market cap of $155.79 billion, a price-to-earnings ratio of 23.21, a P/E/G ratio of 1.40 and a beta of 0.57. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $81.56. The company has a 50-day moving average price of $73.46 and a two-hundred day moving average price of $68.61.

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The consumer goods maker reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.07. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.The company had revenue of $15.27 billion for the quarter, compared to the consensus estimate of $14.69 billion. During the same period in the previous year, the business earned $0.81 earnings per share. The company’s quarterly revenue was up 12.0% on a year-over-year basis. Equities analysts predict that Anheuser-Busch InBev SA/NV will post 4.18 EPS for the current fiscal year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Seafarer Capital Partners LLC grew its holdings in Anheuser-Busch InBev SA/NV by 1.5% during the 3rd quarter. Seafarer Capital Partners LLC now owns 1,034,000 shares of the consumer goods maker’s stock worth $61,637,000 after acquiring an additional 15,000 shares during the last quarter. Savoir Faire Capital Management L.P. bought a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter worth about $2,086,000. Atlantic Union Bankshares Corp raised its stake in shares of Anheuser-Busch InBev SA/NV by 33,184.8% in the third quarter. Atlantic Union Bankshares Corp now owns 15,311 shares of the consumer goods maker’s stock worth $913,000 after acquiring an additional 15,265 shares during the last quarter. Caprock Group LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the third quarter worth approximately $818,000. Finally, Aquatic Capital Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at approximately $5,355,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Key Stories Impacting Anheuser-Busch InBev SA/NV

Here are the key news stories impacting Anheuser-Busch InBev SA/NV this week:

About Anheuser-Busch InBev SA/NV

(Get Free Report)

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.

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Analyst Recommendations for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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