Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Average Recommendation of “Buy” from Analysts

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been assigned an average recommendation of “Buy” from the ten research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating, six have issued a buy rating and three have given a strong buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $71.50.

A number of brokerages have recently commented on BUD. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 30th. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and upped their target price for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. Finally, Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Sunday, May 18th.

Anheuser-Busch InBev SA/NV Stock Down 1.2%

Shares of BUD opened at $63.11 on Tuesday. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $72.13. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $113.42 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 1.80 and a beta of 0.79. The stock’s 50-day moving average price is $66.02 and its 200-day moving average price is $64.42.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same period in the prior year, the business earned $0.90 EPS. The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. On average, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of hedge funds have recently bought and sold shares of the business. Dodge & Cox boosted its position in Anheuser-Busch InBev SA/NV by 2.8% during the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock worth $2,531,109,000 after purchasing an additional 1,119,308 shares in the last quarter. Fisher Asset Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 4.5% during the second quarter. Fisher Asset Management LLC now owns 10,663,933 shares of the consumer goods maker’s stock worth $732,826,000 after purchasing an additional 454,621 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in Anheuser-Busch InBev SA/NV by 7.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker’s stock worth $379,004,000 after purchasing an additional 505,206 shares in the last quarter. Bank of America Corp DE boosted its position in Anheuser-Busch InBev SA/NV by 23.7% during the second quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after purchasing an additional 641,158 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 7.3% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock worth $171,767,000 after purchasing an additional 190,830 shares in the last quarter. Hedge funds and other 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.