Deutsche Bank Aktiengesellschaft Upgrades Anheuser-Busch InBev SA/NV (NYSE:BUD) to “Buy”

Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) from a hold rating to a buy rating in a report issued on Monday morning, Marketbeat reports.

Separately, TD Cowen decreased their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Buy” and a consensus price target of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $60.72 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The business has a 50 day moving average of $50.74 and a two-hundred day moving average of $56.74. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.49. The company has a market cap of $109.13 billion, a P/E ratio of 18.74, a PEG ratio of 1.73 and a beta of 1.08.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The company had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. As a group, analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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

A number of hedge funds have recently made changes to their positions in the business. Forum Financial Management LP raised its holdings in shares of Anheuser-Busch InBev SA/NV by 144.8% during the fourth quarter. Forum Financial Management LP now owns 8,326 shares of the consumer goods maker’s stock valued at $417,000 after buying an additional 4,925 shares during the last quarter. Michels Family Financial LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at approximately $430,000. Vise Technologies Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 23.2% during the fourth quarter. Vise Technologies Inc. now owns 16,812 shares of the consumer goods maker’s stock valued at $842,000 after buying an additional 3,161 shares during the last quarter. Poehling Capital Management INC. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 34.6% during the fourth quarter. Poehling Capital Management INC. now owns 11,049 shares of the consumer goods maker’s stock valued at $553,000 after buying an additional 2,839 shares during the last quarter. Finally, Two Sigma Advisers LP raised its holdings in shares of Anheuser-Busch InBev SA/NV by 237.0% during the fourth quarter. Two Sigma Advisers LP now owns 343,102 shares of the consumer goods maker’s stock valued at $17,179,000 after buying an additional 241,300 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.