Anheuser-Busch InBev SA/NV’s (BUD) Neutral Rating Reiterated at Deutsche Bank Aktiengesellschaft

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Wednesday,MarketScreener reports.

BUD has been the subject of several other research reports. Berenberg Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, June 5th. Wells Fargo & Company lifted their target price on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, June 1st. Finally, TD Cowen raised their price target on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the company a “hold” rating in a report on Friday, June 26th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.94.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock opened at $81.24 on Wednesday. The stock has a 50-day simple moving average of $80.06 and a 200 day simple moving average of $74.25. The stock has a market capitalization of $158.45 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 1.35 and a beta of 0.59. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a 12-month low of $56.97 and a 12-month high of $85.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. The firm had revenue of $15.27 billion during the quarter. On average, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Institutional investors and hedge funds have recently modified their holdings of the business. GQG Partners LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $149,778,000. Morgan Stanley boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 29.8% in the fourth quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock valued at $269,337,000 after buying an additional 966,378 shares during the period. Bank of Montreal Can increased its position in shares of Anheuser-Busch InBev SA/NV by 150.6% during the third quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock worth $70,869,000 after acquiring an additional 714,420 shares in the last quarter. Bank of America Corp DE increased its position in shares of Anheuser-Busch InBev SA/NV by 23.7% during the second quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after acquiring an additional 641,158 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Anheuser-Busch InBev SA/NV by 535.6% during the third quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker’s stock worth $38,962,000 after acquiring an additional 550,774 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

About Anheuser-Busch InBev SA/NV

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.