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

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given a consensus rating of “Buy” by the eight analysts that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $79.00.

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

Anheuser-Busch InBev SA/NV Stock Up 0.2 %

Shares of NYSE:BUD opened at $50.21 on Thursday. The company has a market capitalization of $90.24 billion, a PE ratio of 15.50, a price-to-earnings-growth ratio of 1.68 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a 1 year low of $49.66 and a 1 year high of $67.49. 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 business has a fifty day moving average price of $57.34 and a two-hundred day moving average price of $60.21.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $26,000. Legacy Investment Solutions LLC bought a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter worth approximately $27,000. Blue Trust Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 225.0% in the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock valued at $33,000 after purchasing an additional 378 shares in the last quarter. Addison Advisors LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 39.7% during the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock valued at $34,000 after buying an additional 168 shares during the last quarter. Finally, First Personal Financial Services lifted its stake in shares of Anheuser-Busch InBev SA/NV by 51.3% in the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock valued at $40,000 after acquiring an additional 205 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

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.