Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Average Rating of “Moderate Buy” from Brokerages

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been given a consensus recommendation of “Moderate Buy” by the eleven brokerages that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $79.00.

A number of equities analysts recently weighed in on BUD shares. Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Morgan Stanley boosted their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 10th. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. Finally, TD Cowen cut Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and upped their price objective for the stock from $68.00 to $88.00 in a report on Tuesday, October 8th.

Anheuser-Busch InBev SA/NV Trading Up 0.5 %

BUD stock opened at $58.83 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 1-year low of $57.09 and a 1-year high of $67.49. The business has a 50 day simple moving average of $63.83 and a two-hundred day simple moving average of $62.17. The company has a market capitalization of $105.73 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 1.63 and a beta of 1.12.

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

Several institutional investors have recently modified their holdings of the stock. Ashton Thomas Securities LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at approximately $26,000. GPS Wealth Strategies Group LLC increased its position in Anheuser-Busch InBev SA/NV by 50.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 185 shares during the last quarter. Blue Trust Inc. raised its stake 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 acquiring an additional 378 shares during the period. Addison Advisors LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 39.7% in the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after acquiring an additional 168 shares during the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth about $35,000. 5.53% of the stock is owned by institutional investors.

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.