Anheuser-Busch InBev SA/NV’s (BUD) “Buy” Rating Reiterated at JPMorgan Chase & Co.

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report issued on Friday,MarketScreener reports.

BUD has been the topic of a number of other research reports. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, January 9th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, December 9th. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, January 27th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, November 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $77.67.

Anheuser-Busch InBev SA/NV Stock Up 1.5%

Anheuser-Busch InBev SA/NV stock opened at $76.12 on Friday. The firm has a market cap of $148.64 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 1.56 and a beta of 0.55. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a 12 month low of $50.12 and a 12 month high of $75.73. The stock has a fifty day simple moving average of $65.98 and a two-hundred day simple moving average of $63.10.

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

A number of hedge funds have recently bought and sold shares of the business. Bogart Wealth LLC boosted its stake in shares of 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 acquiring an additional 380 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in Anheuser-Busch InBev SA/NV in the 2nd quarter worth approximately $28,000. Salomon & Ludwin LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 494.7% in the third quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after purchasing an additional 371 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $35,000. Finally, NewSquare Capital LLC lifted its position in Anheuser-Busch InBev SA/NV by 602.7% during the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock worth $36,000 after buying an additional 452 shares in the last quarter. 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.