Analysts Set Anheuser-Busch InBev SA/NV (NYSE:BUD) PT at $90.08

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given an average rating of “Moderate Buy” by the seventeen brokerages that are presently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $90.0825.

Several analysts recently issued reports on BUD shares. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. TD Cowen lifted their price objective on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, July 1st.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $80.66 on Friday. The firm has a market cap of $157.33 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 1.35 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a fifty-two week low of $56.97 and a fifty-two week high of $85.56. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The business has a 50 day moving average price of $81.19 and a 200-day moving average price of $75.70.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. The company had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 4.31 earnings per share for the current year.

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

Institutional investors have recently bought and sold shares of the stock. Bogart Wealth LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after acquiring an additional 380 shares during the period. Birchwood Financial Partners Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $26,000. GHP Investment Advisors Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at approximately $32,000. Parkside Financial Bank & Trust lifted its stake in shares of Anheuser-Busch InBev SA/NV by 79.1% in the 4th 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, First Horizon Corp boosted its position in shares of Anheuser-Busch InBev SA/NV by 84.6% during the first quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock valued at $35,000 after purchasing an additional 230 shares in the last quarter. 5.53% of the stock is owned by 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.