Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $81.00 Average Price Target from Brokerages

Anheuser-Busch InBev SA/NV (NYSE:BUD) has received an average rating of “Moderate Buy” from the sixteen ratings firms that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $81.00.

Several analysts have weighed in on the stock. Wells Fargo & Company boosted their price target on shares of Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, December 29th. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. Finally, Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th.

Anheuser-Busch InBev SA/NV Price Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $78.76 on Tuesday. The firm has a market capitalization of $153.79 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 1.34 and a beta of 0.55. The company has a current ratio of 0.72, a quick ratio of 0.48 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a 12 month low of $52.74 and a 12 month high of $81.56. The business’s 50-day moving average price is $69.32 and its 200-day moving average price is $63.93.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.04. The business had revenue of $15.56 billion during the quarter, compared to analyst estimates of $15.48 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.Anheuser-Busch InBev SA/NV’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.88 earnings per share. Sell-side 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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Compound Planning Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 10.4% in the fourth quarter. Compound Planning Inc. now owns 15,816 shares of the consumer goods maker’s stock worth $1,013,000 after purchasing an additional 1,494 shares during the last quarter. Invesco Ltd. raised its position in Anheuser-Busch InBev SA/NV by 4.1% in the 4th quarter. Invesco Ltd. now owns 303,535 shares of the consumer goods maker’s stock worth $19,438,000 after buying an additional 11,857 shares during the last quarter. Michels Family Financial LLC lifted its stake in Anheuser-Busch InBev SA/NV by 2.9% during the 4th quarter. Michels Family Financial LLC now owns 8,840 shares of the consumer goods maker’s stock valued at $566,000 after acquiring an additional 250 shares during the period. Birchwood Financial Partners Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $26,000. Finally, Corient Private Wealth LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 19.7% in the fourth quarter. Corient Private Wealth LLC now owns 17,304 shares of the consumer goods maker’s stock worth $1,073,000 after acquiring an additional 2,853 shares during the period. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

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.