Anheuser-Busch InBev SA/NV (NYSE:BUD) Now Covered by Analysts at Berenberg Bank

Stock analysts at Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) in a research report issued on Wednesday, Marketbeat reports. The brokerage set a "buy" rating on the consumer goods maker's stock.

BUD has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. TD Cowen dropped their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a report on Wednesday, January 8th. Finally, Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target for the company in a research report on Thursday, March 27th. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of "Buy" and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock traded down $1.93 on Wednesday, hitting $58.99. 4,424,707 shares of the stock traded hands, compared to its average volume of 1,804,526. The firm has a market cap of $106.02 billion, a price-to-earnings ratio of 18.21, a PEG ratio of 1.73 and a beta of 0.80. 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 firm has a 50 day simple moving average of $57.26 and a two-hundred day simple moving average of $56.71. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.49.

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Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The company had revenue of $14.84 billion for the quarter, compared to analysts' expectations of $14.07 billion. As a group, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of institutional investors have recently modified their holdings of the stock. Thrivent Financial for Lutherans bought a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $220,000. Charles Schwab Investment Management Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 37.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker's stock worth $3,836,000 after acquiring an additional 15,837 shares during the period. FMR LLC grew its holdings in Anheuser-Busch InBev SA/NV by 7.0% during the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker's stock worth $48,555,000 after acquiring an additional 47,684 shares in the last quarter. Townsquare Capital LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at about $290,000. Finally, Glenmede Trust Co. NA bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $216,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

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.