Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) have received a consensus recommendation of "Buy" from the six ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $64.00.
A number of analysts recently issued reports on BUD shares. Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Wednesday, October 9th. TD Cowen lowered their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating on the stock in a report on Wednesday, January 8th. Evercore ISI raised Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Monday, September 30th. Finally, Citigroup upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a research note on Tuesday, October 1st.
Read Our Latest Stock Report on BUD
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the business. Ashton Thomas Securities LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter worth $26,000. Legacy Investment Solutions LLC bought a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter worth about $27,000. First Personal Financial Services boosted its stake in Anheuser-Busch InBev SA/NV by 51.3% in the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker's stock worth $40,000 after purchasing an additional 205 shares during the period. Mather Group LLC. increased its position in shares of Anheuser-Busch InBev SA/NV by 96.6% during the third quarter. Mather Group LLC. now owns 643 shares of the consumer goods maker's stock valued at $43,000 after buying an additional 316 shares during the period. Finally, Anchor Investment Management LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 120.6% in the third quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker's stock worth $51,000 after buying an additional 422 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.
Anheuser-Busch InBev SA/NV Trading Down 5.8 %
Shares of Anheuser-Busch InBev SA/NV stock opened at $46.19 on Monday. The firm has a market cap of $83.01 billion, a PE ratio of 14.26, a P/E/G ratio of 1.68 and a beta of 1.09. Anheuser-Busch InBev SA/NV has a 1 year low of $46.10 and a 1 year high of $67.49. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The stock has a fifty day moving average price of $53.00 and a 200-day moving average price of $59.05.
About Anheuser-Busch InBev SA/NV
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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.
Further Reading
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