StockNews.com Downgrades Anheuser-Busch InBev SA/NV (NYSE:BUD) to Hold

Anheuser-Busch InBev SA/NV (NYSE:BUD) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.

Several other equities analysts have also recently issued reports on the company. Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective on the stock in a research note on Thursday, March 27th. TD Cowen dropped their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday, January 8th. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating for the company. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Two research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Buy” and an average price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $65.55 on Wednesday. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The firm has a market cap of $117.80 billion, a price-to-earnings ratio of 20.23, a PEG ratio of 1.73 and a beta of 0.80. The business’s 50 day moving average is $59.94 and its two-hundred day moving average is $56.66.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The business had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. NBC Securities Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the first quarter valued at approximately $32,000. R Squared Ltd bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth $30,000. Rakuten Securities Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 2,722.7% in the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after buying an additional 599 shares during the period. ST Germain D J Co. Inc. bought a new position in Anheuser-Busch InBev SA/NV during the first quarter valued at about $41,000. Finally, Whipplewood Advisors LLC acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $36,000. 5.53% of the stock is currently 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.