Anheuser Busch Inbev NV (BUD) Receives Consensus Rating of “Hold” from Brokerages
Anheuser Busch Inbev NV (NYSE:BUD) has earned a consensus recommendation of “Hold” from the thirteen ratings firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $119.40.
BUD has been the topic of a number of recent research reports. Societe Generale downgraded shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Monday, November 6th. JPMorgan Chase & Co. cut their price target on shares of Anheuser Busch Inbev from $106.68 to $98.72 and set an “underweight” rating on the stock in a report on Thursday. Jefferies Group set a $134.00 price target on shares of Anheuser Busch Inbev and gave the company a “buy” rating in a report on Thursday, January 11th. Susquehanna Bancshares set a $129.00 price target on shares of Anheuser Busch Inbev and gave the company a “hold” rating in a report on Wednesday, October 25th. Finally, Zacks Investment Research upgraded shares of Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a report on Friday.
Anheuser Busch Inbev (NYSE BUD) traded up $1.46 during trading on Tuesday, hitting $106.12. 1,805,188 shares of the stock were exchanged, compared to its average volume of 2,184,205. The company has a market cap of $179,686.84, a P/E ratio of 39.01, a P/E/G ratio of 1.32 and a beta of 1.04. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 1.30. Anheuser Busch Inbev has a fifty-two week low of $101.21 and a fifty-two week high of $126.50.
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About Anheuser Busch Inbev
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. 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.
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