Anheuser-Busch InBev SA/NV (NYSE:BUD) Earns “Buy” Rating from Bank of America

by · The Markets Daily

Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report)‘s stock had its “buy” rating restated by equities research analysts at Bank of America in a research report issued to clients and investors on Thursday.

Several other research firms have also recently issued reports on BUD. Morgan Stanley dropped their target price on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating on the stock in a research report on Thursday, July 2nd. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. Wells Fargo & Company raised their price target on shares of Anheuser-Busch InBev SA/NV from $93.00 to $97.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, June 5th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $91.08.

View Our Latest Analysis on Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV Trading Down 1.5%

Shares of Anheuser-Busch InBev SA/NV stock opened at $77.05 on Thursday. Anheuser-Busch InBev SA/NV has a 12-month low of $58.44 and a 12-month high of $86.60. The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $155.59 billion, a price-to-earnings ratio of 16.33, a PEG ratio of 1.12 and a beta of 0.59. The firm’s 50 day simple moving average is $80.44 and its two-hundred day simple moving average is $78.39.

Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last issued its quarterly 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 during 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 firm’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.98 EPS. Analysts predict that Anheuser-Busch InBev SA/NV will post 4.38 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. CoreCap Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV by 32.8% in the 2nd quarter. CoreCap Advisors LLC now owns 595 shares of the consumer goods maker’s stock worth $49,000 after acquiring an additional 147 shares during the last quarter. Persium Advisors LLC grew its position in Anheuser-Busch InBev SA/NV by 1.4% in the 1st quarter. Persium Advisors LLC now owns 10,890 shares of the consumer goods maker’s stock valued at $755,000 after acquiring an additional 152 shares during the last quarter. Fifth Third Bancorp grew its stake in Anheuser-Busch InBev SA/NV by 19.0% in the 1st quarter. Fifth Third Bancorp now owns 1,029 shares of the consumer goods maker’s stock worth $71,000 after acquiring an additional 164 shares in the last quarter. PFG Private Wealth Management LLC increased its position in Anheuser-Busch InBev SA/NV by 3.6% during the 2nd quarter. PFG Private Wealth Management LLC now owns 4,844 shares of the consumer goods maker’s stock valued at $399,000 after purchasing an additional 167 shares during the period. Finally, Sage Rhino Capital LLC boosted its position in Anheuser-Busch InBev SA/NV by 6.5% during the first quarter. Sage Rhino Capital LLC now owns 3,370 shares of the consumer goods maker’s stock valued at $234,000 after purchasing an additional 207 shares in the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Company Profile

(Get Free Report)

Anheuser-Busch InBev SA/NV is a global brewing and beverage company headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic and nonalcoholic beverages through a broad portfolio of international, regional and local brands.

Its leading brands include Budweiser, Bud Light, Corona, Stella Artois, Michelob ULTRA, Beck’s, Hoegaarden and Leffe. AB InBev also offers a range of craft, premium, flavored and alcohol-free beverages, serving consumers through retail, hospitality and e-commerce channels.

The company was formed in 2008 through the combination of InBev and Anheuser-Busch, bringing together Anheuser-Busch’s U.S.

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