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Anheuser-Busch Inbev SA (NYSE:BUD) Rating Reiterated by Stifel Nicolaus
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Several other research analysts have also recently weighed in on BUD. Jefferies Group LLC reaffirmed a “buy” rating and set a $132.00 price objective on shares of Anheuser-Busch Inbev SA in a research report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Monday, July 10th. Susquehanna Bancshares Inc reaffirmed a “hold” rating and set a $103.00 price objective (up from $101.00) on shares of Anheuser-Busch Inbev SA in a research report on Thursday, May 4th. BidaskClub cut Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research report on Wednesday, June 14th. Finally, Vetr cut Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $109.86 price objective for the company. in a research report on Tuesday, April 25th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $125.10.
Shares of Anheuser-Busch Inbev SA (NYSE:BUD) opened at 121.18 on Friday. The firm has a market capitalization of $238.72 billion, a price-to-earnings ratio of 60.20 and a beta of 1.06. The firm’s 50-day moving average price is $113.66 and its 200-day moving average price is $111.64. Anheuser-Busch Inbev SA has a 12 month low of $98.28 and a 12 month high of $136.08.
Anheuser-Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by $0.19. Anheuser-Busch Inbev SA had a return on equity of 20.68% and a net margin of 7.37%. The business had revenue of $14.18 billion during the quarter, compared to the consensus estimate of $14.15 billion. During the same quarter last year, the company earned $1.06 earnings per share. The firm’s revenue was up 31.2% compared to the same quarter last year. On average, equities analysts anticipate that Anheuser-Busch Inbev SA will post $4.16 earnings per share for the current year.
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A number of institutional investors have recently bought and sold shares of the company. Morgan Stanley raised its position in Anheuser-Busch Inbev SA by 51.0% in the first quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock worth $427,221,000 after buying an additional 1,315,414 shares during the period. Laurion Capital Management LP raised its position in shares of Anheuser-Busch Inbev SA by 504.6% in the first quarter. Laurion Capital Management LP now owns 700,702 shares of the consumer goods maker’s stock valued at $76,909,000 after buying an additional 584,802 shares during the last quarter. Clearbridge Investments LLC raised its position in shares of Anheuser-Busch Inbev SA by 11.3% in the first quarter. Clearbridge Investments LLC now owns 4,938,501 shares of the consumer goods maker’s stock valued at $542,050,000 after buying an additional 502,195 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in shares of Anheuser-Busch Inbev SA by 1,563.2% in the first quarter. BNP Paribas Arbitrage SA now owns 297,341 shares of the consumer goods maker’s stock valued at $32,636,000 after buying an additional 279,463 shares during the last quarter. Finally, Haverford Trust Co. raised its position in shares of Anheuser-Busch Inbev SA by 47.9% in the first quarter. Haverford Trust Co. now owns 837,557 shares of the consumer goods maker’s stock valued at $91,930,000 after buying an additional 271,231 shares during the last quarter. Hedge funds and other institutional investors own 5.28% of the company’s stock.
Anheuser-Busch Inbev SA Company Profile
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.