Bank Degroof(ESN) Reiterates Hold Rating for Anheuser-Busch InBev NV (ABI)

Anheuser-Busch InBev NV (EBR: ABI)‘s stock had its “hold” rating reaffirmed by equities researchers at Bank Degroof(ESN) in a research report issued on Monday, Analyst Ratings.Net reports. They currently have a €74.00 ($96.10) price target on the stock.

ABI has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Anheuser-Busch InBev NV in a research note to investors on Tuesday, May 28th. They now have a €83.50 ($108.44) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Anheuser-Busch InBev NV in a research note to investors on Monday, May 13th. They now have a €90.00 ($116.88) price target on the stock. Finally, analysts at Day by Day reiterated a “buy” rating on shares of Anheuser-Busch InBev NV in a research note to investors on Tuesday, May 7th. They now have a €80.20 ($104.16) price target on the stock.

Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Anheuser-Busch InBev NV currently has an average rating of “Buy” and an average price target of €80.75 ($104.87).

Shares of Anheuser-Busch InBev NV (EBR: ABI) traded up 0.76% during mid-day trading on Monday, hitting €70.64. Anheuser-Busch InBev NV has a one year low of €52.23 and a one year high of €79.60. The stock’s 50-day moving average is currently €66.88.

Anheuser Busch Inbev SA is a Belgium-based brewing company. The Company produces, markets, distributes and sells a balanced portfolio of approximately 200 beer brands.