Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at UBS Group in a research note issued on Wednesday,MarketScreener reports.
Several other research firms have also issued reports on BUD. Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. JPMorgan Chase & Co. increased their price objective on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, June 1st. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 19th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $93.42.
Anheuser-Busch InBev SA/NV Stock Up 0.7%
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. The business had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%. Analysts forecast that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current year.
Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV
Institutional investors have recently made changes to their positions in the stock. Balanced Rock Investment Advisors LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 1.4% in the 4th quarter. Balanced Rock Investment Advisors LLC now owns 9,185 shares of the consumer goods maker’s stock valued at $588,000 after purchasing an additional 130 shares during the period. Persium Advisors LLC grew its position in Anheuser-Busch InBev SA/NV by 1.4% in the first quarter. Persium Advisors LLC now owns 10,890 shares of the consumer goods maker’s stock worth $755,000 after acquiring an additional 152 shares in the last quarter. Fifth Third Bancorp raised its position in Anheuser-Busch InBev SA/NV by 19.0% during the 1st quarter. Fifth Third Bancorp now owns 1,029 shares of the consumer goods maker’s stock valued at $71,000 after purchasing an additional 164 shares during the last quarter. Brucke Financial Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 2.9% in the 4th quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock worth $399,000 after buying an additional 178 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Anheuser-Busch InBev SA/NV by 0.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock valued at $2,747,000 after buying an additional 189 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.
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.
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