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 reiterated by equities researchers at Berenberg Bank in a research report issued on Friday,MarketScreener reports.

BUD has been the subject of a number of other research reports. Wells Fargo & Company lifted their price objective on shares of Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. SBG Securities lowered shares of Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $93.42.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $78.55 on Friday. The company’s 50-day simple moving average is $76.61 and its 200-day simple moving average is $71.67. Anheuser-Busch InBev SA/NV has a one year low of $56.97 and a one year high of $84.46. The stock has a market capitalization of $153.20 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 1.28 and a beta of 0.59. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%.The company had revenue of $15.27 billion during the quarter. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of large investors have recently modified their holdings of the company. Victory Capital Management Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 53.7% during the third quarter. Victory Capital Management Inc. now owns 828,670 shares of the consumer goods maker’s stock worth $49,397,000 after buying an additional 289,431 shares during the period. Caprock Group LLC bought a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $818,000. Aquatic Capital Management LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter worth $5,355,000. Fisher Asset Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 3.3% in the fourth quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock worth $728,801,000 after purchasing an additional 368,721 shares in the last quarter. Finally, Alberta Investment Management Corp increased its holdings in shares of Anheuser-Busch InBev SA/NV by 30.4% during the third quarter. Alberta Investment Management Corp now owns 730,000 shares of the consumer goods maker’s stock valued at $43,515,000 after purchasing an additional 170,000 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 (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.