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

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have been given an average rating of “Moderate Buy” by the nine analysts that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $72.13.

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

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

Hedge funds have recently made changes to their positions in the business. Dynamic Advisor Solutions LLC purchased a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $307,000. Brookstone Capital Management purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $221,000. SG Americas Securities LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 232.4% during the 4th quarter. SG Americas Securities LLC now owns 25,052 shares of the consumer goods maker’s stock worth $1,619,000 after purchasing an additional 17,516 shares in the last quarter. Armstrong Advisory Group Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 17.7% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,692 shares of the consumer goods maker’s stock worth $109,000 after purchasing an additional 254 shares in the last quarter. Finally, Ritholtz Wealth Management increased its stake in shares of Anheuser-Busch InBev SA/NV by 15.4% during the 4th quarter. Ritholtz Wealth Management now owns 12,800 shares of the consumer goods maker’s stock worth $827,000 after purchasing an additional 1,710 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 1.1 %

Anheuser-Busch InBev SA/NV stock opened at $61.38 on Monday. Anheuser-Busch InBev SA/NV has a twelve month low of $51.66 and a twelve month high of $67.49. The stock’s fifty day simple moving average is $61.19 and its 200-day simple moving average is $61.61. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $110.31 billion, a P/E ratio of 25.79, a P/E/G ratio of 1.68 and a beta of 1.10.

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

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.