Anheuser-Busch InBev SA/NV’s (BUD) “Buy” Rating Reiterated at Jefferies Financial Group

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

Other analysts have also recently issued research reports about the company. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. Wells Fargo & Company began coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday. They issued an “overweight” rating and a $75.00 price objective for the company. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $72.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $61.39 on Wednesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The firm has a market capitalization of $119.87 billion, a price-to-earnings ratio of 17.24, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The company has a 50 day moving average price of $60.70 and a 200 day moving average price of $64.43.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same quarter in the prior year, the business posted $0.98 earnings per share. The company’s revenue was up .6% on a year-over-year basis. Sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sage Rhino Capital LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 5.1% in the second quarter. Sage Rhino Capital LLC now owns 3,477 shares of the consumer goods maker’s stock valued at $239,000 after buying an additional 170 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Anheuser-Busch InBev SA/NV by 0.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock worth $2,747,000 after acquiring an additional 189 shares during the period. Huntington National Bank increased its position 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 valued at $95,000 after purchasing an additional 194 shares during the period. Apollon Wealth Management LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 4.2% in the third quarter. Apollon Wealth Management LLC now owns 5,042 shares of the consumer goods maker’s stock valued at $301,000 after purchasing an additional 203 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in shares of Anheuser-Busch InBev SA/NV by 14.4% in the second quarter. UMB Bank n.a. now owns 1,719 shares of the consumer goods maker’s stock valued at $118,000 after purchasing an additional 217 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

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.