Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $79.00 Average Target Price from Analysts

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) has earned an average recommendation of "Moderate Buy" from the ten analysts that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $79.00.

BUD has been the subject of several research reports. Citigroup raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a research note on Tuesday, October 1st. Barclays raised shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Wednesday, October 9th. TD Cowen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and lifted their price objective for the stock from $68.00 to $88.00 in a research report on Tuesday, October 8th. Morgan Stanley increased their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an "overweight" rating in a report on Tuesday, September 10th. Finally, Evercore ISI raised Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Monday, September 30th.

Institutional Trading of Anheuser-Busch InBev SA/NV

Institutional investors have recently made changes to their positions in the stock. Ashton Thomas Securities LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $26,000. Legacy Investment Solutions LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $27,000. Blue Trust Inc. boosted its position in Anheuser-Busch InBev SA/NV by 225.0% during the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker's stock worth $33,000 after purchasing an additional 378 shares during the period. GPS Wealth Strategies Group LLC increased its holdings in Anheuser-Busch InBev SA/NV by 50.7% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker's stock valued at $32,000 after purchasing an additional 185 shares in the last quarter. Finally, Addison Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 39.7% in the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker's stock valued at $34,000 after purchasing an additional 168 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

Shares of Anheuser-Busch InBev SA/NV stock traded up $0.04 during trading on Friday, reaching $54.73. The company's stock had a trading volume of 1,920,125 shares, compared to its average volume of 2,205,799. The business has a 50 day moving average price of $62.09 and a 200-day moving average price of $61.82. The company has a market capitalization of $98.36 billion, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 1.75 and a beta of 1.12. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 12-month low of $54.51 and a 12-month high of $67.49.

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.