Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) PT at $64.00

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have earned an average recommendation of “Buy” from the six research firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $64.00.

A number of equities research analysts recently issued reports on BUD shares. Evercore ISI upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. TD Cowen cut their price objective on 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. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Finally, Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th.

Anheuser-Busch InBev SA/NV Stock Up 1.8 %

BUD opened at $47.99 on Monday. The business has a 50-day moving average of $51.90 and a 200-day moving average of $58.64. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.49. The company has a market capitalization of $86.25 billion, a PE ratio of 14.81, a price-to-earnings-growth ratio of 1.48 and a beta of 1.09. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Several large investors have recently bought and sold shares of the stock. Ashton Thomas Securities LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at $26,000. Legacy Investment Solutions LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $27,000. First Personal Financial Services raised its holdings in shares of Anheuser-Busch InBev SA/NV by 51.3% in the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock valued at $40,000 after buying an additional 205 shares during the last quarter. Mather Group LLC. lifted its position in shares of Anheuser-Busch InBev SA/NV by 96.6% during the third quarter. Mather Group LLC. now owns 643 shares of the consumer goods maker’s stock worth $43,000 after purchasing an additional 316 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth $50,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

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.