Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) in a research note published on Tuesday morning,MarketScreener reports.
Several other analysts have also recently weighed in on BUD. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 18th. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, September 15th. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, September 17th. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 18th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $71.00.
Get Our Latest Stock Analysis on Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV Stock Performance
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last posted its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The business’s revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.90 EPS. As a group, research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.
Institutional Trading of Anheuser-Busch InBev SA/NV
A number of large investors have recently added to or reduced their stakes in the company. Dodge & Cox lifted its stake in Anheuser-Busch InBev SA/NV by 2.8% in the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock valued at $2,531,109,000 after acquiring an additional 1,119,308 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Anheuser-Busch InBev SA/NV by 4.5% in the second quarter. Fisher Asset Management LLC now owns 10,663,933 shares of the consumer goods maker’s stock valued at $732,826,000 after acquiring an additional 454,621 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Anheuser-Busch InBev SA/NV by 23.7% during the 2nd quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after buying an additional 641,158 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 7.3% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock worth $171,767,000 after buying an additional 190,830 shares during the period. Finally, Clarkston Capital Partners LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 0.3% during the 1st quarter. Clarkston Capital Partners LLC now owns 1,498,297 shares of the consumer goods maker’s stock worth $92,235,000 after buying an additional 4,455 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.
About Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.
Read More
- Five stocks we like better than Anheuser-Busch InBev SA/NV
- Expert Stock Trading Psychology Tips
- General Dynamics Hits New Highs: Why It Might Keep Climbing
- How to Invest in the Best Canadian Stocks
- Nike’s Turnaround: If the Shoe Fits, Buy It!
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- NVIDIA Breaks Out to New Highs: What Comes Next?
Receive News & Ratings for Anheuser-Busch InBev SA/NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev SA/NV and related companies with MarketBeat.com's FREE daily email newsletter.