In a report released today, Nadine Sarwat from Bernstein maintained a Buy rating on Anheuser-Busch Inbev Sa (BUD – Research Report), with a price target of $73.00. The company’s shares closed yesterday at $61.62.
According to TipRanks, Sarwat is a 3-star analyst with an average return of 5.1% and a 58.33% success rate. Sarwat covers the Consumer Defensive sector, focusing on stocks such as Ambev SA, Anheuser-Busch Inbev Sa, and Boston Beer.
Currently, the analyst consensus on Anheuser-Busch Inbev Sa is a Moderate Buy with an average price target of $74.50.
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The company has a one-year high of $66.45 and a one-year low of $51.66. Currently, Anheuser-Busch Inbev Sa has an average volume of 1.72M.
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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:
- Strike No Longer a Threat for Anheuser-Busch Inbev (NYSE:BUD)
- Teamsters vote to ratify five-year labor agreement with AB InBev
- AB InBev price target lowered to EUR 63 from EUR 67 at Barclays
- AB InBev price target raised to EUR 59 from EUR 58 at Deutsche Bank
- AB InBev, Teamsters strike tentative deal on labor contract, WSJ reports
