Anheuser-Busch InBev SA/NV (NYSE:BUD) Earns “Buy” Rating from JPMorgan Chase & Co.

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reissued by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Friday,MarketScreener reports.

BUD has been the topic of a number of other research reports. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, December 11th. Kepler Capital Markets lowered shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, January 9th. Finally, Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.67.

Anheuser-Busch InBev SA/NV Stock Up 1.0%

Shares of NYSE BUD opened at $75.77 on Friday. The business has a 50-day moving average of $66.26 and a two-hundred day moving average of $63.11. The company has a market capitalization of $147.95 billion, a price-to-earnings ratio of 24.76, a price-to-earnings-growth ratio of 1.59 and a beta of 0.55. Anheuser-Busch InBev SA/NV has a 1 year low of $50.12 and a 1 year high of $76.30. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Brucke Financial Inc. raised its stake in Anheuser-Busch InBev SA/NV by 2.9% during the 4th quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock valued at $399,000 after acquiring an additional 178 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 0.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock valued at $2,747,000 after purchasing an additional 189 shares during the period. Huntington National Bank raised its stake in shares of Anheuser-Busch InBev SA/NV by 16.3% during the second quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker’s stock worth $95,000 after purchasing an additional 194 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 4.2% during the third quarter. Apollon Wealth Management LLC now owns 5,042 shares of the consumer goods maker’s stock worth $301,000 after purchasing an additional 203 shares during the period. Finally, Outfitters Financial LLC grew its position in Anheuser-Busch InBev SA/NV by 1.1% in the 3rd quarter. Outfitters Financial LLC now owns 21,310 shares of the consumer goods maker’s stock valued at $1,270,000 after buying an additional 240 shares during 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 (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.