Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Rating Upgraded by StockNews.com

Anheuser-Busch InBev SA/NV (NYSE:BUD) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.

Other equities analysts have also issued reports about the company. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday. They set a “buy” rating on the stock. Argus raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Finally, TD Cowen decreased their target price on shares of 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. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Buy” and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $60.99 on Thursday. 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 $109.61 billion, a price-to-earnings ratio of 18.82, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49. The company has a 50-day moving average of $57.26 and a 200-day moving average of $56.80.

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

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

Large investors have recently bought and sold shares of the company. Dodge & Cox raised its holdings in shares of Anheuser-Busch InBev SA/NV by 27.7% during the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker’s stock worth $2,002,641,000 after acquiring an additional 8,670,940 shares during the period. Artisan Partners Limited Partnership bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $56,849,000. Raymond James Financial Inc. bought a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at $37,311,000. Alberta Investment Management Corp bought a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $28,540,000. Finally, The Manufacturers Life Insurance Company raised its holdings in Anheuser-Busch InBev SA/NV by 7.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker’s stock valued at $379,004,000 after acquiring an additional 505,206 shares during the period. 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.