UBS Group lowered shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) from a neutral rating to a sell rating in a report released on Thursday, The Fly reports.
Several other equities research analysts also recently commented on the company. StockNews.com downgraded Anheuser-Busch InBev SA/NV from a buy rating to a hold rating in a report on Friday, November 11th. Barclays cut their price target on Anheuser-Busch InBev SA/NV from €78.00 ($83.87) to €74.00 ($79.57) and set an overweight rating for the company in a report on Monday, October 10th. Royal Bank of Canada raised their price target on Anheuser-Busch InBev SA/NV from €64.00 ($68.82) to €70.00 ($75.27) in a report on Wednesday, October 5th. Deutsche Bank Aktiengesellschaft downgraded Anheuser-Busch InBev SA/NV from a buy rating to a hold rating in a report on Thursday. Finally, JPMorgan Chase & Co. raised Anheuser-Busch InBev SA/NV from an underweight rating to an overweight rating and raised their price target for the company from $45.00 to $70.00 in a report on Monday, November 28th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of Hold and an average target price of $64.70.
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NYSE BUD opened at $60.92 on Thursday. The company has a market cap of $120.62 billion, a PE ratio of 24.08, a PEG ratio of 2.06 and a beta of 1.23. The company has a current ratio of 0.67, a quick ratio of 0.47 and a debt-to-equity ratio of 0.99. Anheuser-Busch InBev SA/NV has a 12 month low of $44.51 and a 12 month high of $67.91. The stock has a 50 day moving average of $58.47 and a 200-day moving average of $53.37.
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) last released its quarterly earnings data on Thursday, October 27th. The consumer goods maker reported $0.81 EPS for the quarter, beating the consensus estimate of $0.78 by $0.03. The company had revenue of $15.09 billion during the quarter, compared to the consensus estimate of $15.12 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.51% and a net margin of 8.88%. On average, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.05 EPS for the current fiscal year.Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. National Bank of Canada FI lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 10.1% in the second quarter. National Bank of Canada FI now owns 59,390 shares of the consumer goods maker's stock worth $3,200,000 after acquiring an additional 5,435 shares during the last quarter. Assetmark Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 29.4% in the 2nd quarter. Assetmark Inc. now owns 17,482 shares of the consumer goods maker's stock valued at $943,000 after purchasing an additional 3,970 shares during the last quarter. Advisory Services Network LLC lifted its stake in Anheuser-Busch InBev SA/NV by 19.3% in the 2nd quarter. Advisory Services Network LLC now owns 16,162 shares of the consumer goods maker's stock valued at $872,000 after purchasing an additional 2,620 shares during the last quarter. Comerica Bank lifted its stake in Anheuser-Busch InBev SA/NV by 6.1% in the 2nd quarter. Comerica Bank now owns 33,562 shares of the consumer goods maker's stock valued at $1,886,000 after purchasing an additional 1,915 shares during the last quarter. Finally, Mitchell & Pahl Private Wealth LLC lifted its stake in Anheuser-Busch InBev SA/NV by 16.1% in the 2nd quarter. Mitchell & Pahl Private Wealth LLC now owns 16,736 shares of the consumer goods maker's stock valued at $903,000 after purchasing an additional 2,319 shares during the last quarter. Institutional investors own 5.53% of the company's stock.
About Anheuser-Busch InBev SA/NV
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Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.
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