Anheuser-Busch InBev SA/NV (NYSE:BUD) Upgraded to "Buy" at Deutsche Bank Aktiengesellschaft

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report released on Monday, Marketbeat.com reports.

Separately, 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 on the stock in a research report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $64.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD traded up $1.21 during mid-day trading on Monday, reaching $62.29. 3,224,293 shares of the company's stock were exchanged, compared to its average volume of 1,813,580. 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 company has a 50-day simple moving average of $51.20 and a two-hundred day simple moving average of $56.78. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49. The company has a market cap of $111.95 billion, a price-to-earnings ratio of 19.23, a PEG ratio of 1.73 and a beta of 1.08.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $14.84 billion during the quarter, compared to analysts' expectations of $14.07 billion. On average, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds have recently bought and sold shares of the company. Dodge & Cox boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 27.7% in the 4th quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock valued at $2,002,641,000 after purchasing an additional 8,670,940 shares during the last quarter. Artisan Partners Limited Partnership acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $56,849,000. Holocene Advisors LP boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 22.8% in the 3rd quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker's stock valued at $287,144,000 after purchasing an additional 803,257 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $37,311,000. Finally, Fisher Asset Management LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% in the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker's stock valued at $683,252,000 after purchasing an additional 587,329 shares during 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 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.