Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the seventeen ratings firms that are presently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $81.00.
Several research analysts have recently issued reports on BUD shares. Wells Fargo & Company upped their target price on shares of Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, November 26th. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 26th. SBG Securities lowered Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 6th.
Get Our Latest Stock Analysis on Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV Price Performance
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last issued its 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 firm had revenue of $15.56 billion during the quarter, compared to the consensus estimate of $15.48 billion. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The company’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.88 earnings per share. Equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. Bogart Wealth LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 3,800.0% in the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after acquiring an additional 380 shares in the last quarter. Birchwood Financial Partners Inc. purchased a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $26,000. Salomon & Ludwin LLC lifted its position in Anheuser-Busch InBev SA/NV by 494.7% in the third quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after purchasing an additional 371 shares during the period. Parkside Financial Bank & Trust lifted its position in Anheuser-Busch InBev SA/NV by 79.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 220 shares during the period. Finally, Mather Group LLC. purchased a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at approximately $34,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.
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.
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