Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Buy Rating from UBS Group

UBS Group restated their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a research report sent to investors on Tuesday morning,MarketScreener reports.

Several other analysts have also issued reports on the stock. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, February 16th. Wells Fargo & Company upped their target price on shares of Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 13th. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 13th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $86.50.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $71.52 on Tuesday. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $81.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The firm has a market cap of $139.51 billion, a price-to-earnings ratio of 20.79, a PEG ratio of 1.20 and a beta of 0.58. The company has a fifty day moving average price of $73.99 and a 200-day moving average price of $66.82.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The firm had revenue of $15.56 billion during the quarter, compared to analyst estimates of $15.48 billion. During the same quarter in the prior year, the business posted $0.88 EPS. The business’s revenue was up 6.2% compared to the same quarter last year. As a group, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Purpose Unlimited Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth about $162,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 42.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 6,881 shares of the consumer goods maker’s stock worth $441,000 after buying an additional 2,051 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 18.5% in the 4th quarter. Corient Private Wealth LLC now owns 17,126 shares of the consumer goods maker’s stock worth $1,099,000 after buying an additional 2,675 shares during the last quarter. Pure Financial Advisors LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 94.5% in the 4th quarter. Pure Financial Advisors LLC now owns 7,699 shares of the consumer goods maker’s stock worth $493,000 after buying an additional 3,740 shares during the last quarter. Finally, Rehmann Capital Advisory Group purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth about $209,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

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.