Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $66.00 Consensus PT from Analysts

Anheuser-Busch InBev SA/NV (NYSE:BUD) has earned a consensus recommendation of “Buy” from the eight brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $66.00.

Several equities analysts have recently commented on the company. Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a report on Thursday, March 27th. TD Cowen dropped their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $61.49 on Friday. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The firm has a market cap of $110.51 billion, a price-to-earnings ratio of 18.98, a PEG ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.49. The stock has a 50 day moving average of $56.17 and a 200-day moving average of $56.77.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The firm had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.07 billion. As a group, analysts forecast 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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Legacy Investment Solutions LLC bought a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $27,000. R Squared Ltd bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $30,000. Rakuten Securities Inc. boosted its stake in Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after purchasing an additional 599 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at $36,000. Finally, Measured Risk Portfolios Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth $40,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

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.