Anheuser-Busch Inbev SA (NYSE:BUD)‘s stock had its “buy” rating reiterated by investment analysts at Stifel Nicolaus in a research note issued to investors on Friday, July 28th.
A number of other brokerages have also recently weighed in on BUD. Jefferies Group LLC restated a “buy” rating and issued a $132.00 price objective on shares of Anheuser-Busch Inbev SA in a report on Monday, May 15th. Susquehanna Bancshares Inc restated a “hold” rating and issued a $103.00 price objective (up previously from $101.00) on shares of Anheuser-Busch Inbev SA in a report on Thursday, May 4th. Zacks Investment Research cut shares of Anheuser-Busch Inbev SA from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 10th. Vetr cut shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $109.86 price objective for the company. in a report on Tuesday, April 25th. Finally, BidaskClub cut shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a report on Wednesday, June 14th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the company. Anheuser-Busch Inbev SA currently has a consensus rating of “Hold” and an average target price of $128.10.
Shares of Anheuser-Busch Inbev SA (NYSE BUD) traded down 0.99% during trading on Friday, reaching $117.64. 2,470,567 shares of the company’s stock were exchanged. Anheuser-Busch Inbev SA has a 12-month low of $98.28 and a 12-month high of $136.08. The stock has a market cap of $227.48 billion, a P/E ratio of 58.64 and a beta of 1.07. The company has a 50 day moving average of $114.56 and a 200 day moving average of $112.10.
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 for the quarter, missing analysts’ consensus estimates of $1.14 by $0.19. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The company had revenue of $14.18 billion for the quarter, compared to analyst estimates of $14.15 billion. During the same quarter in the prior year, the business earned $1.06 earnings per share. Anheuser-Busch Inbev SA’s revenue was up 31.2% on a year-over-year basis. Equities research analysts anticipate that Anheuser-Busch Inbev SA will post $4.16 EPS for the current year.
Several hedge funds have recently modified their holdings of the company. Chicago Partners Investment Group LLC bought a new stake in shares of Anheuser-Busch Inbev SA during the second quarter valued at $101,000. Kistler Tiffany Companies LLC increased its stake in shares of Anheuser-Busch Inbev SA by 151.9% in the first quarter. Kistler Tiffany Companies LLC now owns 985 shares of the consumer goods maker’s stock valued at $108,000 after buying an additional 594 shares in the last quarter. BDO Wealth Advisors LLC bought a new stake in shares of Anheuser-Busch Inbev SA during the second quarter valued at $110,000. Jacobus Wealth Management Inc. increased its stake in shares of Anheuser-Busch Inbev SA by 4.2% in the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock valued at $114,000 after buying an additional 42 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. increased its stake in shares of Anheuser-Busch Inbev SA by 5.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,103 shares of the consumer goods maker’s stock valued at $121,000 after buying an additional 54 shares in the last quarter. Institutional investors and hedge funds own 5.27% of the company’s stock.
About Anheuser-Busch Inbev SA
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.
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