Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $72.13 Consensus Target Price from Analysts

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $73.25.

BUD has been the subject of several research analyst reports. Morgan Stanley lifted their price target 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. UBS Group raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Capital International Investors boosted its stake in Anheuser-Busch InBev SA/NV by 1.8% in the first quarter. Capital International Investors now owns 2,163,607 shares of the consumer goods maker’s stock valued at $131,504,000 after acquiring an additional 38,747 shares in the last quarter. DAVENPORT & Co LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 36.8% during the 1st quarter. DAVENPORT & Co LLC now owns 2,062,543 shares of the consumer goods maker’s stock valued at $125,389,000 after buying an additional 555,362 shares during the last quarter. Seafarer Capital Partners LLC boosted its position in Anheuser-Busch InBev SA/NV by 20.2% in the 1st quarter. Seafarer Capital Partners LLC now owns 952,000 shares of the consumer goods maker’s stock worth $57,863,000 after purchasing an additional 160,000 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Anheuser-Busch InBev SA/NV by 4.4% in the 4th quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock valued at $56,476,000 after purchasing an additional 37,084 shares in the last quarter. Finally, Armistice Capital LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 19.5% during the 2nd quarter. Armistice Capital LLC now owns 839,000 shares of the consumer goods maker’s stock valued at $48,788,000 after buying an additional 137,000 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Stock Up 0.8 %

Shares of NYSE:BUD opened at $64.89 on Tuesday. 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 company has a 50-day moving average price of $61.19 and a 200 day moving average price of $61.17. The company has a market cap of $116.62 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 1.79 and a beta of 1.09. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released 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 firm had revenue of $15.33 billion for the quarter, compared to analysts’ expectations of $15.21 billion. During the same quarter in the prior year, the firm posted $0.72 earnings per share. As a group, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

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.