Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $79.00 Consensus Target Price from Analysts

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been assigned an average rating of “Moderate Buy” from the eleven research firms that are covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $79.00.

A number of equities research analysts recently weighed in on BUD shares. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Morgan Stanley raised their price target on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 10th. TD Cowen cut shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and lifted their target price for the company from $68.00 to $88.00 in a research note on Tuesday, October 8th. Citigroup upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 1st. Finally, Evercore ISI upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Monday, September 30th.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Several institutional investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 1.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 31,386 shares of the consumer goods maker’s stock worth $1,908,000 after buying an additional 354 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth approximately $4,046,000. Cetera Investment Advisers lifted its position in Anheuser-Busch InBev SA/NV by 287.8% during the first quarter. Cetera Investment Advisers now owns 65,183 shares of the consumer goods maker’s stock worth $3,962,000 after acquiring an additional 48,376 shares during the last quarter. QRG Capital Management Inc. lifted its position in Anheuser-Busch InBev SA/NV by 57.0% during the second quarter. QRG Capital Management Inc. now owns 82,737 shares of the consumer goods maker’s stock worth $4,811,000 after acquiring an additional 30,052 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth approximately $288,000. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 0.1 %

Anheuser-Busch InBev SA/NV stock opened at $59.30 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The company has a market capitalization of $106.57 billion, a price-to-earnings ratio of 18.30, a PEG ratio of 1.63 and a beta of 1.12. Anheuser-Busch InBev SA/NV has a one year low of $57.09 and a one year high of $67.49. The company’s fifty day moving average price is $63.94 and its two-hundred day moving average price is $62.17.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 11.47% and a net margin of 10.98%. The company had revenue of $15.33 billion for the quarter, compared to the consensus estimate of $15.21 billion. During the same period last year, the business posted $0.72 earnings per share. On average, analysts forecast that Anheuser-Busch InBev SA/NV will post 3.4 earnings per share for the current fiscal year.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.