Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report)‘s stock had its “buy” rating restated by equities researchers at JPMorgan Chase & Co. in a research note issued on Tuesday,MarketScreener reports.
Several other brokerages also recently commented on BUD. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 21st. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. SBG Securities downgraded Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. Finally, Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and a consensus price target of $91.94.
Check Out Our Latest Research Report on Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV Stock Performance
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%.The firm had revenue of $15.27 billion during the quarter. Sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV
Several hedge funds have recently made changes to their positions in the stock. Bogart Wealth LLC raised its holdings in Anheuser-Busch InBev SA/NV by 3,800.0% in the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after acquiring an additional 380 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $26,000. GHP Investment Advisors Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth about $32,000. Parkside Financial Bank & Trust boosted its position in shares of Anheuser-Busch InBev SA/NV by 79.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 220 shares in the last quarter. Finally, First Horizon Corp boosted its position in shares of Anheuser-Busch InBev SA/NV by 84.6% during the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock valued at $35,000 after acquiring an additional 230 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.
Anheuser-Busch InBev SA/NV Company Profile
Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.
AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.
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