Anheuser-Busch InBev SA/NV’s (BUD) Buy Rating Reiterated at Berenberg Bank

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating restated by Berenberg Bank in a research report issued to clients and investors on Tuesday,MarketScreener reports.

Several other equities research analysts have also commented on BUD. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, December 29th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, December 9th. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, January 9th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 26th. Finally, DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and an average price target of $77.67.

Anheuser-Busch InBev SA/NV Stock Up 0.9%

Shares of BUD stock traded up $0.60 on Tuesday, reaching $70.00. 151,526 shares of the stock were exchanged, compared to its average volume of 1,819,190. The business’s 50 day moving average price is $64.28 and its 200 day moving average price is $62.77. The company has a market capitalization of $136.68 billion, a price-to-earnings ratio of 22.84, a PEG ratio of 1.47 and a beta of 0.57. Anheuser-Busch InBev SA/NV has a twelve month low of $47.89 and a twelve month high of $72.13. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, beating the consensus estimate of $0.97 by $0.02. The company had revenue of $15.13 billion for the quarter, compared to analyst estimates of $15.28 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. The firm’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.98 earnings per share. As a group, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

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

A number of institutional investors have recently modified their holdings of the company. AQR Capital Management LLC increased its position in Anheuser-Busch InBev SA/NV by 52.9% during the 1st quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker’s stock worth $556,000 after purchasing an additional 3,127 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 7.8% in the first quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker’s stock worth $546,000 after acquiring an additional 642 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 25.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock worth $81,151,000 after acquiring an additional 265,783 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 34.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,455 shares of the consumer goods maker’s stock valued at $169,000 after acquiring an additional 629 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 75.9% during the 2nd quarter. GAMMA Investing LLC now owns 2,037 shares of the consumer goods maker’s stock valued at $140,000 after acquiring an additional 879 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

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.