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Bank of America Securities Sticks to Its Hold Rating for Anheuser-Busch Inbev Sa (BUD)

Bank of America Securities analyst Andrea Pistacchi maintained a Hold rating on Anheuser-Busch Inbev Sa (BUDResearch Report) today. The company’s shares closed yesterday at $60.25.

According to TipRanks, Pistacchi is ranked #7491 out of 8281 analysts.

Anheuser-Busch Inbev Sa has an analyst consensus of Moderate Sell, with a price target consensus of $61.00.

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BUD market cap is currently $119.5B and has a P/E ratio of 30.46.

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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.

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