Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Has Average Price Target of $91.08

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been given an average rating of “Moderate Buy” by the seventeen analysts that are covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $91.08.

A number of brokerages have issued reports on BUD. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 24th. TD Cowen boosted their price target on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a research note on Friday, June 26th. Morgan Stanley lowered their price target on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating on the stock in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 24th. Finally, Barclays restated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday.

Anheuser-Busch InBev SA/NV Trading Up 0.5%

NYSE:BUD opened at $73.40 on Wednesday. The stock has a fifty day moving average price of $79.58 and a two-hundred day moving average price of $78.48. The stock has a market capitalization of $148.21 billion, a price-to-earnings ratio of 15.55, a PEG ratio of 1.05 and a beta of 0.57. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.50 and a current ratio of 0.66. Anheuser-Busch InBev SA/NV has a 1 year low of $58.44 and a 1 year high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its 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. The company had revenue of $16.66 billion for the quarter, compared to analyst estimates of $16.23 billion. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The business’s revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.98 EPS. As a group, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.38 earnings per share for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP increased its holdings in shares of Anheuser-Busch InBev SA/NV by 10,464.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker’s stock worth $262,876,000 after buying an additional 3,160,049 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 1.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker’s stock worth $256,792,000 after purchasing an additional 42,009 shares during the period. Renaissance Technologies LLC increased its position in Anheuser-Busch InBev SA/NV by 64.7% during the 1st quarter. Renaissance Technologies LLC now owns 810,874 shares of the consumer goods maker’s stock worth $56,250,000 after purchasing an additional 318,600 shares in the last quarter. NewEdge Advisors LLC increased its position in Anheuser-Busch InBev SA/NV by 7,474.5% during the 2nd quarter. NewEdge Advisors LLC now owns 522,643 shares of the consumer goods maker’s stock worth $43,066,000 after purchasing an additional 515,743 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in Anheuser-Busch InBev SA/NV by 5.1% in the first quarter. First Trust Advisors LP now owns 601,440 shares of the consumer goods maker’s stock valued at $41,722,000 after buying an additional 29,124 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV is a global brewer headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic beverages through a portfolio of international, regional and local brands. Its best-known brands include Budweiser, Corona, Stella Artois, Michelob Ultra, Beck’s, Hoegaarden and Brahma, along with numerous country-specific offerings.

The company serves consumers across the Americas, Europe, Africa and Asia-Pacific through a broad network of breweries, distribution operations and commercial partnerships.