Anheuser-Busch InBev SA/NV (EBR:ABI – Get Rating) received a €55.00 ($59.78) target price from research analysts at JPMorgan Chase & Co. in a report issued on Tuesday, Borsen Zeitung reports.
ABI has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft set a €70.00 ($76.09) price target on Anheuser-Busch InBev SA/NV in a research report on Friday, February 25th. Sanford C. Bernstein set a €67.00 ($72.83) price objective on Anheuser-Busch InBev SA/NV in a report on Friday, February 25th. The Goldman Sachs Group set a €57.00 ($61.96) price objective on Anheuser-Busch InBev SA/NV in a report on Thursday, April 7th. Barclays set a €75.00 ($81.52) price objective on Anheuser-Busch InBev SA/NV in a report on Friday, January 14th. Finally, UBS Group set a €57.00 ($61.96) price objective on Anheuser-Busch InBev SA/NV in a report on Thursday, April 7th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of €66.29 ($72.06).
Anheuser-Busch InBev SA/NV has a 12-month low of €82.03 ($89.16) and a 12-month high of €110.10 ($119.67).
Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. 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.
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