Anheuser-Busch InBev SA/NV’s (BUD) Buy Rating Reiterated at Sanford C. Bernstein

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reaffirmed by investment analysts at Sanford C. Bernstein in a research note issued to investors on Thursday,MarketScreener reports.

Several other analysts also recently commented on BUD. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, January 9th. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, November 28th. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, January 9th. Finally, Wells Fargo & Company upped their target price on shares of Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $81.00.

Anheuser-Busch InBev SA/NV Trading Up 3.9%

Shares of Anheuser-Busch InBev SA/NV stock opened at $80.25 on Thursday. The stock has a market capitalization of $156.71 billion, a PE ratio of 26.18, a price-to-earnings-growth ratio of 1.59 and a beta of 0.55. Anheuser-Busch InBev SA/NV has a 52 week low of $52.47 and a 52 week high of $79.96. The stock has a 50 day moving average price of $67.14 and a two-hundred day moving average price of $63.24. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. During the same quarter in the previous year, the company earned $0.88 earnings per share. Anheuser-Busch InBev SA/NV’s quarterly revenue was up 6.2% compared to the same quarter last year. As a group, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 52.9% in the first quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker’s stock valued at $556,000 after purchasing an additional 3,127 shares during the period. NewEdge Advisors LLC boosted its stake in Anheuser-Busch InBev SA/NV by 7.8% in the 1st quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker’s stock worth $546,000 after purchasing an additional 642 shares during the period. Goldman Sachs Group Inc. grew its holdings in Anheuser-Busch InBev SA/NV by 25.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock valued at $81,151,000 after buying an additional 265,783 shares in the last quarter. Blue Trust Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 26.4% during the second quarter. Blue Trust Inc. now owns 1,800 shares of the consumer goods maker’s stock valued at $124,000 after buying an additional 376 shares during the period. Finally, Apollon Wealth Management LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 27.8% during the second quarter. Apollon Wealth Management LLC now owns 4,839 shares of the consumer goods maker’s stock valued at $333,000 after buying an additional 1,053 shares during the period. 5.53% of the stock is currently owned by institutional investors.

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.