Anheuser-Busch InBev SA/NV (NYSE:BUD) Sees Strong Trading Volume - Should You Buy?

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) shares saw an uptick in trading volume on Monday . 1,602,776 shares were traded during mid-day trading, an increase of 0% from the previous session's volume of 1,597,006 shares.The stock last traded at $57.12 and had previously closed at $57.28.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on BUD shares. Barclays raised Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Wednesday, October 9th. Evercore ISI upgraded shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research report on Monday, September 30th. TD Cowen cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and increased their price objective for the stock from $68.00 to $88.00 in a report on Tuesday, October 8th. Citigroup upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a research report on Tuesday, October 1st. Finally, Morgan Stanley upped their price objective on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an "overweight" rating in a research note on Tuesday, September 10th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $79.00.

Anheuser-Busch InBev SA/NV Price Performance

The company has a market cap of $102.60 billion, a PE ratio of 17.60, a price-to-earnings-growth ratio of 1.84 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. The firm has a 50 day simple moving average of $63.59 and a 200-day simple moving average of $62.12.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Large investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 1.1% in the first quarter. Janney Montgomery Scott LLC now owns 31,386 shares of the consumer goods maker's stock worth $1,908,000 after acquiring an additional 354 shares during the last quarter. OLD Mission Capital LLC acquired a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at $4,046,000. Cetera Investment Advisers grew its stake in Anheuser-Busch InBev SA/NV by 287.8% during the 1st quarter. Cetera Investment Advisers now owns 65,183 shares of the consumer goods maker's stock worth $3,962,000 after buying an additional 48,376 shares during the last quarter. QRG Capital Management Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 57.0% in the 2nd quarter. QRG Capital Management Inc. now owns 82,737 shares of the consumer goods maker's stock valued at $4,811,000 after acquiring an additional 30,052 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter valued at approximately $288,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

About Anheuser-Busch InBev SA/NV

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.

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