Anheuser-Busch Inbev SA (NYSE:BUD)‘s stock had its “buy” rating reiterated by analysts at Goldman Sachs Group, Inc. (The) in a research report issued to clients and investors on Monday, July 10th.
Several other brokerages have also recently issued reports on BUD. Vetr cut Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $104.70 price objective on the stock. in a research note on Monday, May 1st. BidaskClub cut Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research note on Wednesday, June 14th. Zacks Investment Research upgraded Anheuser-Busch Inbev SA from a “strong sell” rating to a “hold” rating in a research note on Monday, April 17th. Jefferies Group LLC reiterated a “buy” rating and issued a $132.00 target price on shares of Anheuser-Busch Inbev SA in a research note on Monday, May 15th. Finally, Susquehanna Bancshares Inc reissued a “neutral” rating and set a $101.00 price target (down from $109.00) on shares of Anheuser-Busch Inbev SA in a report on Wednesday, April 26th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $128.10.
Anheuser-Busch Inbev SA (NYSE BUD) traded down 0.59% during mid-day trading on Monday, hitting $118.82. 978,696 shares of the stock were exchanged. Anheuser-Busch Inbev SA has a 52-week low of $98.28 and a 52-week high of $136.08. The stock’s 50 day moving average is $114.06 and its 200 day moving average is $111.94. The stock has a market cap of $229.76 billion, a PE ratio of 59.23 and a beta of 1.07.
Anheuser-Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings data on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by $0.19. Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. The firm had revenue of $14.18 billion for the quarter, compared to the consensus estimate of $14.15 billion. During the same quarter last year, the business earned $1.06 earnings per share. The business’s revenue for the quarter was up 31.2% compared to the same quarter last year. Analysts forecast that Anheuser-Busch Inbev SA will post $4.16 EPS for the current fiscal year.
A number of large investors have recently bought and sold shares of BUD. Bronfman E.L. Rothschild L.P. raised its stake in Anheuser-Busch Inbev SA by 5.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,103 shares of the consumer goods maker’s stock valued at $121,000 after buying an additional 54 shares during the period. Vontobel Asset Management Inc. raised its stake in Anheuser-Busch Inbev SA by 26.3% in the first quarter. Vontobel Asset Management Inc. now owns 54,258 shares of the consumer goods maker’s stock valued at $5,955,000 after buying an additional 11,310 shares during the period. Fox Run Management L.L.C. bought a new stake in Anheuser-Busch Inbev SA during the first quarter valued at $428,000. Morgan Stanley raised its stake in Anheuser-Busch Inbev SA by 51.0% in the first quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock valued at $427,221,000 after buying an additional 1,315,414 shares during the period. Finally, Fisher Asset Management LLC increased its position in shares of Anheuser-Busch Inbev SA by 1.0% in the second quarter. Fisher Asset Management LLC now owns 5,707,561 shares of the consumer goods maker’s stock valued at $629,886,000 after buying an additional 57,541 shares in the last quarter. Hedge funds and other institutional investors own 5.27% of the company’s stock.
Anheuser-Busch Inbev SA Company Profile
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.
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