Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) Price Target at $64.00

Anheuser-Busch InBev SA/NV (NYSE:BUD) has received a consensus recommendation of “Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $64.00.

A number of brokerages recently issued reports on BUD. TD Cowen dropped their price objective on shares of 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. Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Wednesday, October 9th. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Finally, Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of institutional investors have recently bought and sold shares of the company. 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 acquired a new position in Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $27,000. First Personal Financial Services boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 51.3% during the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after buying an additional 205 shares in the last quarter. Mather Group LLC. grew its position in shares of Anheuser-Busch InBev SA/NV by 96.6% during the 3rd quarter. Mather Group LLC. now owns 643 shares of the consumer goods maker’s stock worth $43,000 after buying an additional 316 shares during the period. Finally, Brooklyn Investment Group bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $50,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $46.52 on Monday. The company has a market capitalization of $83.61 billion, a PE ratio of 14.36, a P/E/G ratio of 1.68 and a beta of 1.09. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The stock has a 50-day moving average price of $52.51 and a two-hundred day moving average price of $58.87. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49.

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.