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

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reissued by analysts at DZ Bank in a report issued on Friday,MarketScreener reports.

A number of other equities research analysts also recently weighed in on BUD. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, February 16th. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th. Wells Fargo & Company upped their target price on Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $81.00.

Anheuser-Busch InBev SA/NV Trading Down 0.4%

Shares of Anheuser-Busch InBev SA/NV stock opened at $78.45 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.48 and a current ratio of 0.72. The firm has a 50-day moving average of $69.62 and a 200-day moving average of $64.10. Anheuser-Busch InBev SA/NV has a 52-week low of $53.52 and a 52-week high of $81.56. The stock has a market cap of $153.19 billion, a PE ratio of 22.81, a PEG ratio of 1.33 and a beta of 0.55.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. The business had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. Anheuser-Busch InBev SA/NV’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the firm earned $0.88 earnings per share. As a group, sell-side analysts forecast 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

Several hedge funds and other institutional investors have recently modified their holdings of the business. AQR Capital Management LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 52.9% during the 1st quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker’s stock worth $556,000 after buying an additional 3,127 shares during the last quarter. NewEdge Advisors LLC raised its stake in Anheuser-Busch InBev SA/NV by 7.8% during the first quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker’s stock worth $546,000 after acquiring an additional 642 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 25.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock worth $81,151,000 after acquiring an additional 265,783 shares during the last quarter. Strategic Blueprint LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at approximately $322,000. Finally, Bleakley Financial Group LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 16.9% in the 2nd quarter. Bleakley Financial Group LLC now owns 24,720 shares of the consumer goods maker’s stock valued at $1,699,000 after purchasing an additional 3,576 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.