Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) PT at $73.25

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given a consensus rating of “Moderate Buy” by the ten analysts that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $73.25.

Several equities research analysts have issued reports on BUD shares. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 1st. Morgan Stanley lifted their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 10th. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Finally, UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $65.00 on Friday. The company has a market capitalization of $116.82 billion, a P/E ratio of 27.31, a P/E/G ratio of 1.77 and a beta of 1.10. The business’s 50 day moving average is $62.58 and its two-hundred day moving average is $61.54. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 12-month low of $51.97 and a 12-month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 14.77% and a net margin of 9.89%. The business had revenue of $15.33 billion during the quarter, compared to analysts’ expectations of $15.21 billion. During the same quarter in the prior year, the firm earned $0.72 earnings per share. Analysts expect that Anheuser-Busch InBev SA/NV will post 3.41 EPS for the current fiscal year.

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

Several institutional investors have recently modified their holdings of BUD. Belpointe Asset Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $225,000. Crossmark Global Holdings Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 9.4% during the 4th quarter. Crossmark Global Holdings Inc. now owns 15,773 shares of the consumer goods maker’s stock worth $1,019,000 after acquiring an additional 1,351 shares in the last quarter. Personal CFO Solutions LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 15.7% during the 4th quarter. Personal CFO Solutions LLC now owns 5,413 shares of the consumer goods maker’s stock worth $350,000 after acquiring an additional 735 shares in the last quarter. Ethic Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 3.6% during the 4th quarter. Ethic Inc. now owns 102,405 shares of the consumer goods maker’s stock worth $6,617,000 after acquiring an additional 3,570 shares in the last quarter. Finally, Covenant Partners LLC grew its holdings in Anheuser-Busch InBev SA/NV by 24.3% during the 4th quarter. Covenant Partners LLC now owns 7,406 shares of the consumer goods maker’s stock valued at $479,000 after buying an additional 1,446 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

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.