Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives “Buy” Rating from Sanford C. Bernstein

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating restated by stock analysts at Sanford C. Bernstein in a research report issued on Tuesday,MarketScreener reports.

Several other equities research analysts have also issued reports on BUD. Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. JPMorgan Chase & Co. lifted their target price on shares of Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a report on Thursday, May 7th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Wells Fargo & Company raised their price objective on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $81.22 on Tuesday. The firm has a market capitalization of $158.42 billion, a P/E ratio of 22.17, a P/E/G ratio of 1.34 and a beta of 0.57. Anheuser-Busch InBev SA/NV has a 1-year low of $56.97 and a 1-year high of $82.91. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The business’s 50-day simple moving average is $73.90 and its 200-day simple moving average is $69.94.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (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 business had revenue of $15.27 billion during the quarter. Equities analysts predict that Anheuser-Busch InBev SA/NV will post 4.27 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BUD. Balanced Rock Investment Advisors LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 1.4% in the fourth quarter. Balanced Rock Investment Advisors LLC now owns 9,185 shares of the consumer goods maker’s stock valued at $588,000 after purchasing an additional 130 shares during the last quarter. Persium Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 1.4% during the 1st quarter. Persium Advisors LLC now owns 10,890 shares of the consumer goods maker’s stock worth $755,000 after purchasing an additional 152 shares during the last quarter. Fifth Third Bancorp increased its holdings in Anheuser-Busch InBev SA/NV by 19.0% during the 1st quarter. Fifth Third Bancorp now owns 1,029 shares of the consumer goods maker’s stock worth $71,000 after purchasing an additional 164 shares during the last quarter. Brucke Financial Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 2.9% in the 4th quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock valued at $399,000 after purchasing an additional 178 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 0.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock valued at $2,747,000 after buying an additional 189 shares during the last quarter. 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.