Barclays Reaffirms Equal Weight Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “equal weight” rating reaffirmed by equities researchers at Barclays in a report released on Monday,Benzinga reports.

Several other research analysts also recently issued reports on the company. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. TD Cowen upped their target price on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the company a “hold” rating in a research note on Friday, June 26th. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Finally, Morgan Stanley cut their price target on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating for the company in a report on Thursday, July 2nd. Eleven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.08.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $81.67 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. The firm has a 50-day moving average price of $81.32 and a two-hundred day moving average price of $76.33. Anheuser-Busch InBev SA/NV has a twelve month low of $56.97 and a twelve month high of $85.56. The company has a market capitalization of $159.29 billion, a P/E ratio of 22.31, a price-to-earnings-growth ratio of 1.37 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. The company had revenue of $15.27 billion for the quarter. As a group, research analysts expect that Anheuser-Busch InBev SA/NV will post 4.31 earnings per share for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of hedge funds have recently bought and sold shares of the company. Bogart Wealth LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after purchasing an additional 380 shares during the period. Birchwood Financial Partners Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at $26,000. GHP Investment Advisors Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at $32,000. Parkside Financial Bank & Trust lifted its position in Anheuser-Busch InBev SA/NV by 79.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock worth $32,000 after buying an additional 220 shares during the period. Finally, First Horizon Corp lifted its position in Anheuser-Busch InBev SA/NV by 84.6% during the first quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock worth $35,000 after buying an additional 230 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.