Morgan Stanley Lowers Anheuser-Busch InBev SA/NV (NYSE:BUD) Price Target to $84.50

Anheuser-Busch InBev SA/NV (NYSE:BUD) had its price target decreased by analysts at Morgan Stanley from $86.50 to $84.50 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the consumer goods maker’s stock. Morgan Stanley’s price objective would suggest a potential upside of 5.27% from the company’s current price.

Other analysts have also issued research reports about the company. Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, June 1st. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 21st. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.08.

Anheuser-Busch InBev SA/NV Stock Down 2.6%

Shares of NYSE BUD opened at $80.27 on Thursday. Anheuser-Busch InBev SA/NV has a 52 week low of $56.97 and a 52 week high of $85.56. The business has a 50-day simple moving average of $80.16 and a two-hundred day simple moving average of $74.37. 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 market cap of $156.56 billion, a P/E ratio of 21.93, a P/E/G ratio of 1.38 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. The firm had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. Research analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.33 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BUD. Bogart Wealth LLC raised its holdings in Anheuser-Busch InBev SA/NV by 3,800.0% in the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after purchasing an additional 380 shares in the last quarter. Birchwood Financial Partners Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth about $26,000. GHP Investment Advisors Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth about $32,000. Parkside Financial Bank & Trust increased its stake in shares of Anheuser-Busch InBev SA/NV by 79.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock worth $32,000 after acquiring an additional 220 shares in the last quarter. Finally, First Horizon Corp lifted its position in Anheuser-Busch InBev SA/NV by 84.6% during the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock valued at $35,000 after acquiring an additional 230 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

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.