Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) had its price objective upped by Deutsche Bank Aktiengesellschaft from €73.00 ($74.49) to €74.00 ($75.51) in a report released on Tuesday, The Fly reports.
Other analysts have also issued research reports about the stock. Morgan Stanley cut their target price on shares of Anheuser-Busch InBev SA/NV from €54.00 ($55.10) to €52.00 ($53.06) in a research report on Wednesday, June 29th. JPMorgan Chase & Co. reduced their price objective on Anheuser-Busch InBev SA/NV from €55.00 ($56.12) to €50.00 ($51.02) in a research report on Tuesday, July 5th. Royal Bank of Canada dropped their target price on Anheuser-Busch InBev SA/NV from €65.00 ($66.33) to €64.00 ($65.31) in a research report on Monday, August 1st. HSBC upgraded Anheuser-Busch InBev SA/NV from a hold rating to a buy rating in a report on Tuesday, September 6th. Finally, Citigroup raised Anheuser-Busch InBev SA/NV from a neutral rating to a buy rating in a research note on Tuesday, July 5th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and an average price target of $65.28.
Anheuser-Busch InBev SA/NV Stock Down 4.0 %
BUD stock opened at $49.58 on Tuesday. The stock has a market capitalization of $98.17 billion, a P/E ratio of 25.56, a price-to-earnings-growth ratio of 1.93 and a beta of 1.26. The company has a current ratio of 0.67, a quick ratio of 0.47 and a debt-to-equity ratio of 0.99. The firm has a 50-day moving average price of $52.71 and a 200-day moving average price of $55.35. Anheuser-Busch InBev SA/NV has a 12 month low of $47.23 and a 12 month high of $67.91.
Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV Company Profile
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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