Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $66.00 Average Price Target from Analysts

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) have earned an average recommendation of "Buy" from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $66.00.

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. TD Cowen decreased their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research report on Wednesday, January 8th. Finally, Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target on the stock in a research report on Thursday.

Institutional Trading of Anheuser-Busch InBev SA/NV

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth about $27,000. R Squared Ltd bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $30,000. Rakuten Securities Inc. lifted its position in shares of Anheuser-Busch InBev SA/NV by 2,722.7% in the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock valued at $31,000 after buying an additional 599 shares during the last quarter. Whipplewood Advisors LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $36,000. Finally, Measured Risk Portfolios Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $40,000. 5.53% of the stock is owned by institutional investors.

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Anheuser-Busch InBev SA/NV Stock Down 0.9 %

Shares of NYSE BUD traded down $0.55 during mid-day trading on Friday, reaching $61.49. 2,383,422 shares of the company's stock were exchanged, compared to its average volume of 1,779,084. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $110.51 billion, a price-to-earnings ratio of 18.98, a PEG ratio of 1.73 and a beta of 0.96. The business has a fifty day simple moving average of $55.90 and a 200 day simple moving average of $56.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The firm had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.07 billion. As a group, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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.