Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) Price Target at $72.13

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been assigned an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $72.13.

A number of equities research analysts recently commented on the company. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Morgan Stanley decreased their target price on Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating on the stock in a research report on Tuesday, July 2nd.

Anheuser-Busch InBev SA/NV Price Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $61.38 on Monday. The stock’s 50-day simple moving average is $61.19 and its 200-day simple moving average is $61.61. Anheuser-Busch InBev SA/NV has a 52 week low of $51.66 and a 52 week high of $67.49. The company has a market capitalization of $110.31 billion, a price-to-earnings ratio of 25.79, a PEG ratio of 1.68 and a beta of 1.10. The company has a quick ratio of 0.48, a current ratio of 0.63 and a debt-to-equity ratio of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.06. The company had revenue of $14.55 billion for the quarter, compared to the consensus estimate of $14.43 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 earnings per share. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Naples Money Management LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at approximately $30,000. Blue Trust Inc. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 225.0% in the second quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock valued at $33,000 after purchasing an additional 378 shares during the period. GPS Wealth Strategies Group LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 50.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 185 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 116.5% in the fourth quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock valued at $42,000 after purchasing an additional 346 shares during the period. Finally, ICA Group Wealth Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $57,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.