Anheuser-Busch InBev SA/NV (NYSE:BUD) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) from a hold rating to a buy rating in a report released on Wednesday, MarketBeat Ratings reports.

BUD has been the subject of a number of other reports. Wells Fargo & Company raised their price objective on Anheuser-Busch InBev SA/NV from $93.00 to $97.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Weiss Ratings downgraded shares of Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 21st. Finally, TD Cowen increased their target price on shares of Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of “Moderate Buy” and an average target price of $91.08.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD opened at $77.61 on Wednesday. Anheuser-Busch InBev SA/NV has a 12 month low of $58.33 and a 12 month high of $86.60. The firm has a market capitalization of $156.71 billion, a PE ratio of 16.44, a P/E/G ratio of 1.13 and a beta of 0.59. The company’s 50 day simple moving average is $80.55 and its 200 day simple moving average is $78.35. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.66 and a quick ratio of 0.50.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS for the quarter, topping the consensus estimate of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The firm had revenue of $16.66 billion for the quarter, compared to analysts’ expectations of $16.23 billion. During the same period in the previous year, the business earned $0.98 earnings per share. Anheuser-Busch InBev SA/NV’s revenue for the quarter was up 11.0% compared to the same quarter last year. As a group, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.38 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 stock. Sequoia Financial Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV by 8.1% in the second quarter. Sequoia Financial Advisors LLC now owns 36,875 shares of the consumer goods maker’s stock valued at $3,038,000 after acquiring an additional 2,773 shares during the period. Tidal Investments LLC lifted its stake in Anheuser-Busch InBev SA/NV by 8.4% during the second quarter. Tidal Investments LLC now owns 10,810 shares of the consumer goods maker’s stock worth $891,000 after purchasing an additional 839 shares during the period. WINTON GROUP Ltd lifted its stake in Anheuser-Busch InBev SA/NV by 25.9% during the second quarter. WINTON GROUP Ltd now owns 6,800 shares of the consumer goods maker’s stock worth $560,000 after purchasing an additional 1,400 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the second quarter valued at approximately $246,000. Finally, Maven Securities LTD acquired a new stake in Anheuser-Busch InBev SA/NV during the second quarter valued at approximately $4,323,000. Institutional investors own 5.53% of the company’s stock.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV is a global brewing and beverage company headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic and nonalcoholic beverages through a broad portfolio of international, regional and local brands.

Its leading brands include Budweiser, Bud Light, Corona, Stella Artois, Michelob ULTRA, Beck’s, Hoegaarden and Leffe. AB InBev also offers a range of craft, premium, flavored and alcohol-free beverages, serving consumers through retail, hospitality and e-commerce channels.

The company was formed in 2008 through the combination of InBev and Anheuser-Busch, bringing together Anheuser-Busch’s U.S.