Anheuser-Busch InBev (NYSE:BUD)‘s stock had its “buy” rating reissued by equities research analysts at Stifel Nicolaus in a research note issued to investors on Thursday. They currently have a $124.00 price target on the consumer goods maker’s stock. Stifel Nicolaus’ price objective points to a potential upside of 19.30% from the company’s current price.
Other research analysts also recently issued research reports about the company. Societe Generale upgraded Anheuser-Busch InBev from a “sell” rating to a “hold” rating in a report on Friday, March 2nd. Zacks Investment Research upgraded Anheuser-Busch InBev from a “sell” rating to a “hold” rating in a report on Friday, February 16th. JPMorgan Chase lifted their price objective on Anheuser-Busch InBev from $98.72 to $102.48 and gave the stock an “underweight” rating in a report on Monday, March 5th. Jefferies Group set a $134.00 price objective on Anheuser-Busch InBev and gave the stock a “buy” rating in a report on Thursday, January 11th. Finally, Susquehanna Bancshares set a $128.00 price objective on Anheuser-Busch InBev and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Three analysts have rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $123.25.
BUD opened at $103.94 on Thursday. The stock has a market capitalization of $177,892.00, a PE ratio of 26.00, a P/E/G ratio of 1.46 and a beta of 0.99. The company has a current ratio of 0.66, a quick ratio of 0.55 and a debt-to-equity ratio of 1.36. Anheuser-Busch InBev has a 12 month low of $101.21 and a 12 month high of $126.50.
A number of large investors have recently made changes to their positions in BUD. San Francisco Sentry Investment Group CA increased its holdings in Anheuser-Busch InBev by 138.5% during the 4th quarter. San Francisco Sentry Investment Group CA now owns 1,240 shares of the consumer goods maker’s stock valued at $138,000 after purchasing an additional 720 shares during the period. Delpha Capital Management LLC purchased a new position in Anheuser-Busch InBev during the 4th quarter valued at about $149,000. Acropolis Investment Management LLC purchased a new position in Anheuser-Busch InBev during the 4th quarter valued at about $167,000. Bronfman E.L. Rothschild L.P. increased its holdings in Anheuser-Busch InBev by 58.5% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 1,694 shares of the consumer goods maker’s stock valued at $189,000 after purchasing an additional 625 shares during the period. Finally, Tower Bridge Advisors purchased a new position in Anheuser-Busch InBev during the 4th quarter valued at about $212,000. Institutional investors own 5.91% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Stifel Nicolaus Reiterates Buy Rating for Anheuser-Busch InBev (BUD)” was first reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of U.S. and international copyright law. The legal version of this news story can be accessed at https://stocknewstimes.com/2018/04/21/stifel-nicolaus-reiterates-buy-rating-for-anheuser-busch-inbev-bud.html.
About Anheuser-Busch InBev
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.
Receive News & Ratings for Anheuser-Busch InBev Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev and related companies with MarketBeat.com's FREE daily email newsletter.