Anheuser Busch Inbev NV (NYSE:BUD) Given Average Recommendation of “Hold” by Brokerages

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Anheuser Busch Inbev NV (NYSE:BUD) has been given an average rating of “Hold” by the twenty-five brokerages that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $63.00.

Several equities research analysts recently issued reports on BUD shares. Kepler Capital Markets reiterated a “buy” rating on shares of Anheuser Busch Inbev in a report on Sunday, September 6th. Bryan, Garnier & Co downgraded Anheuser Busch Inbev from a “buy” rating to a “sell” rating in a report on Wednesday, July 15th. Barclays reissued an “equal weight” rating on shares of Anheuser Busch Inbev in a research note on Friday, September 18th. Bank of America assumed coverage on Anheuser Busch Inbev in a research note on Thursday, October 15th. They set a “neutral” rating for the company. Finally, UBS Group reissued a “neutral” rating on shares of Anheuser Busch Inbev in a research note on Thursday, July 9th.

Several large investors have recently added to or reduced their stakes in BUD. The Manufacturers Life Insurance Company boosted its position in shares of Anheuser Busch Inbev by 87.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 9,988,378 shares of the consumer goods maker’s stock worth $440,687,000 after acquiring an additional 4,658,025 shares in the last quarter. Capital International Investors lifted its holdings in shares of Anheuser Busch Inbev by 1,754,015.2% in the 1st quarter. Capital International Investors now owns 3,455,607 shares of the consumer goods maker’s stock valued at $152,461,000 after purchasing an additional 3,455,410 shares during the last quarter. FMR LLC lifted its holdings in shares of Anheuser Busch Inbev by 7,455.0% in the 2nd quarter. FMR LLC now owns 1,420,722 shares of the consumer goods maker’s stock valued at $70,041,000 after purchasing an additional 1,401,917 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Anheuser Busch Inbev by 46.9% in the 1st quarter. Morgan Stanley now owns 3,355,232 shares of the consumer goods maker’s stock valued at $148,034,000 after purchasing an additional 1,071,346 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of Anheuser Busch Inbev by 9.8% in the 2nd quarter. Fisher Asset Management LLC now owns 7,743,465 shares of the consumer goods maker’s stock valued at $381,753,000 after purchasing an additional 693,844 shares during the last quarter. 3.97% of the stock is owned by institutional investors and hedge funds.

Shares of BUD stock traded down $1.33 on Friday, hitting $55.59. The stock had a trading volume of 1,226,724 shares, compared to its average volume of 2,428,480. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.17 and a quick ratio of 1.03. The firm has a market capitalization of $114.77 billion, a P/E ratio of 90.05 and a beta of 1.36. Anheuser Busch Inbev has a 1 year low of $32.58 and a 1 year high of $92.60. The company’s 50 day moving average price is $56.37 and its 200-day moving average price is $51.60.

Anheuser Busch Inbev (NYSE:BUD) last posted its quarterly earnings data on Thursday, July 30th. The consumer goods maker reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.15. The firm had revenue of $10.29 billion for the quarter, compared to the consensus estimate of $9.29 billion. Anheuser Busch Inbev had a return on equity of 9.03% and a net margin of 2.55%. On average, equities analysts forecast that Anheuser Busch Inbev will post 1.91 EPS for the current year.

Anheuser Busch Inbev Company Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

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Analyst Recommendations for Anheuser Busch Inbev (NYSE:BUD)

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