Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $64.00 Average Target Price from Analysts

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been assigned a consensus rating of “Buy” from the six analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $64.00.

Separately, TD Cowen cut their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Dodge & Cox raised its holdings in Anheuser-Busch InBev SA/NV by 27.7% in the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker’s stock valued at $2,002,641,000 after buying an additional 8,670,940 shares during the period. Fisher Asset Management LLC grew its position in Anheuser-Busch InBev SA/NV by 6.0% in the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after acquiring an additional 587,329 shares in the last quarter. Holocene Advisors LP grew its position in Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock valued at $287,144,000 after acquiring an additional 803,257 shares in the last quarter. Clarkston Capital Partners LLC grew its position in Anheuser-Busch InBev SA/NV by 30.3% in the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker’s stock valued at $74,797,000 after acquiring an additional 347,000 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC grew its position in Anheuser-Busch InBev SA/NV by 2.9% in the third quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker’s stock valued at $85,294,000 after acquiring an additional 35,757 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 1.8 %

Shares of BUD stock opened at $53.21 on Friday. The firm has a market cap of $95.62 billion, a P/E ratio of 16.42, a PEG ratio of 1.64 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The firm’s 50-day simple moving average is $49.86 and its 200-day simple moving average is $57.24.

About Anheuser-Busch InBev SA/NV

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.