Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $64.00 Consensus Target Price from Analysts

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given an average recommendation of “Buy” by the six brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $64.00.

Separately, TD Cowen decreased their price objective 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.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $50.38 on Friday. The firm has a fifty day moving average of $50.02 and a 200-day moving average of $57.44. The company has a market cap of $90.53 billion, a price-to-earnings ratio of 15.55, a price-to-earnings-growth ratio of 1.64 and a beta of 1.08. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 valued at $3,836,000 after purchasing an additional 15,837 shares in the last quarter. Fisher Asset Management LLC raised its position in Anheuser-Busch InBev SA/NV by 6.0% during the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after buying an additional 587,329 shares during the period. Blue Trust Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 15.8% in the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker’s stock worth $171,000 after acquiring an additional 464 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter worth about $1,865,000. Finally, Cerity Partners LLC grew its stake in Anheuser-Busch InBev SA/NV by 61.9% during the 3rd quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker’s stock valued at $4,048,000 after acquiring an additional 23,348 shares in the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

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.