UBS Group Reiterates “Buy” Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reiterated by research analysts at UBS Group in a report issued on Thursday,MarketScreener reports.

Other equities research analysts have also issued research reports about the stock. Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, January 6th. Wells Fargo & Company lifted their price objective on Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, January 9th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and an average price target of $81.00.

Anheuser-Busch InBev SA/NV Trading Up 3.9%

BUD stock opened at $80.25 on Thursday. Anheuser-Busch InBev SA/NV has a 52-week low of $52.47 and a 52-week high of $79.96. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. The firm has a market cap of $156.71 billion, a P/E ratio of 26.23, a PEG ratio of 1.59 and a beta of 0.55. The company’s 50-day simple moving average is $67.14 and its 200-day simple moving average is $63.24.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.20% and a net margin of 10.40%.The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.88 EPS. As a group, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of institutional investors have recently bought and sold shares of the company. Bogart Wealth LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 3,800.0% in the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after buying an additional 380 shares during the period. Legacy Investment Solutions LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at $28,000. Salomon & Ludwin LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 494.7% during the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock worth $27,000 after purchasing an additional 371 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth about $35,000. Finally, NewSquare Capital LLC raised its holdings in Anheuser-Busch InBev SA/NV by 602.7% in the 2nd quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock valued at $36,000 after buying an additional 452 shares during the period. 5.53% of the stock is owned by hedge funds and other institutional investors.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.