Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) has been assigned an average rating of "Buy" from the eight ratings firms that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $79.00.
Several equities analysts recently commented on BUD shares. Barclays upgraded Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research report on Wednesday, October 9th. Citigroup raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a report on Tuesday, October 1st. Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Monday, September 30th. TD Cowen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and lifted their price target for the company from $68.00 to $88.00 in a report on Tuesday, October 8th. Finally, Morgan Stanley boosted their price target on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an "overweight" rating in a research report on Tuesday, September 10th.
Get Our Latest Stock Report on BUD
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in BUD. Charles Schwab Investment Management Inc. lifted its holdings in Anheuser-Busch InBev SA/NV by 37.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker's stock worth $3,836,000 after buying an additional 15,837 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 6.0% during the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker's stock valued at $683,252,000 after acquiring an additional 587,329 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new position in Anheuser-Busch InBev SA/NV in the third quarter valued at about $1,865,000. Cerity Partners LLC increased its position in Anheuser-Busch InBev SA/NV by 61.9% in the third quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker's stock worth $4,048,000 after purchasing an additional 23,348 shares during the period. Finally, Seafarer Capital Partners LLC raised its holdings in Anheuser-Busch InBev SA/NV by 11.2% during the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker's stock worth $70,201,000 after purchasing an additional 107,000 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.
Anheuser-Busch InBev SA/NV Price Performance
BUD traded down $0.01 during midday trading on Thursday, reaching $50.10. 2,330,823 shares of the company's stock were exchanged, compared to its average volume of 1,726,565. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The business has a 50-day simple moving average of $57.64 and a two-hundred day simple moving average of $60.31. The firm has a market capitalization of $90.04 billion, a price-to-earnings ratio of 15.46, a price-to-earnings-growth ratio of 1.68 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a one year low of $49.83 and a one year high of $67.49.
Anheuser-Busch InBev SA/NV Company Profile
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Get Free ReportAnheuser-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.
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