Anheuser-Busch InBev SA/NV’s (BUD) “Buy” Rating Reaffirmed at Barclays

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report)‘s stock had its “buy” rating restated by equities research analysts at Barclays in a note issued to investors on Tuesday,MarketScreener reports.

A number of other research analysts also recently issued reports on the company. SBG Securities downgraded Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, April 2nd. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, February 16th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, April 28th. Finally, UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and a consensus price target of $86.50.

View Our Latest Stock Analysis on Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $79.87 on Tuesday. The firm has a market cap of $155.79 billion, a P/E ratio of 23.21, a PEG ratio of 1.40 and a beta of 0.57. Anheuser-Busch InBev SA/NV has a twelve month low of $56.97 and a twelve month high of $81.56. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. The company has a 50 day moving average of $73.46 and a 200 day moving average of $68.61.

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report) last issued its earnings results on Tuesday, May 5th. The consumer goods maker reported $0.97 EPS for the quarter, beating the consensus estimate of $0.90 by $0.07. The business had revenue of $15.27 billion for the quarter, compared to the consensus estimate of $14.69 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.The company’s revenue was up 12.0% compared to the same quarter last year. During the same period last year, the business posted $0.81 EPS. As a group, research analysts expect that Anheuser-Busch InBev SA/NV will post 4.18 EPS for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of hedge funds have recently bought and sold shares of BUD. AQR Capital Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 52.9% in the first quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker’s stock worth $556,000 after purchasing an additional 3,127 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 7.8% during the 1st quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker’s stock valued at $546,000 after purchasing an additional 642 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 25.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock worth $81,151,000 after purchasing an additional 265,783 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 40.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 9,562 shares of the consumer goods maker’s stock worth $657,000 after purchasing an additional 2,736 shares during the period. Finally, New York State Common Retirement Fund purchased a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter worth approximately $120,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV News Summary

Here are the key news stories impacting Anheuser-Busch InBev SA/NV this week:

About Anheuser-Busch InBev SA/NV

(Get Free Report)

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.

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Analyst Recommendations for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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