Bernstein analyst Nadine Sarwat maintained a Buy rating on Anheuser-Busch Inbev Sa (BUD – Research Report) yesterday and set a price target of $80.00. The company’s shares closed yesterday at $65.67.
According to TipRanks, Sarwat is ranked #4610 out of 8805 analysts.
Currently, the analyst consensus on Anheuser-Busch Inbev Sa is a Strong Buy with an average price target of $74.88, representing a 14.02% upside. In a report released on May 9, Jefferies also maintained a Buy rating on the stock with a $76.00 price target.
BUD market cap is currently $133.5B and has a P/E ratio of 24.79.
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Anheuser-Busch Inbev Sa (BUD) Company Description:
Founded in 2008, Belgium-based Anheuser-Busch InBev SA/NV, commonly known as AB InBev, is America’s leading brewing company, which is engaged in the production and distribution of alcoholic and non-alcoholic beverages worldwide. It has over 400 iconic beer brands, some of which include Budweiser, Corona, Stella Artois, Castle, Hoegaarden, Aguila, Antarctica, Bud Light, Cristal, Harbin, Modelo Especial, Quilmes, Sibirskaya Korona, and Skol among others.
Read More on BUD:
- Slowing Economy? That’s Good News for Anheuser-Busch Stock (NYSE:BUD)
- AB InBev price target raised to EUR 65 from EUR 63.50 at Morgan Stanley
- AB InBev price target lowered to EUR 61 from EUR 63 at Barclays
- AB InBev price target raised to $75 from $70 at Evercore ISI
- Anheuser-Busch InBev Q1 2024 Financial Overview
