Anheuser Busch Inbev NV (NYSE:BUD) Given Average Rating of “Hold” by Brokerages

Shares of Anheuser Busch Inbev NV (NYSE:BUD) have been given a consensus recommendation of “Hold” by the eleven analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $83.77.

A number of research analysts recently weighed in on the stock. Argus raised shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research note on Thursday, May 30th. Barclays assumed coverage on shares of Anheuser Busch Inbev in a research note on Tuesday, April 2nd. They issued an “equal weight” rating and a $83.64 price target on the stock. Zacks Investment Research raised shares of Anheuser Busch Inbev from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 9th. ValuEngine raised shares of Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research note on Saturday, June 1st. Finally, Macquarie raised their price target on shares of Anheuser Busch Inbev from $80.00 to $84.00 and gave the company a “neutral” rating in a research note on Friday, March 1st.

A number of institutional investors have recently modified their holdings of the stock. Clearbridge Investments LLC lifted its stake in Anheuser Busch Inbev by 18.4% in the 1st quarter. Clearbridge Investments LLC now owns 10,877,335 shares of the consumer goods maker’s stock valued at $913,370,000 after buying an additional 1,686,528 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Anheuser Busch Inbev by 13.8% in the 1st quarter. The Manufacturers Life Insurance Company now owns 6,249,020 shares of the consumer goods maker’s stock worth $524,730,000 after purchasing an additional 759,947 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Anheuser Busch Inbev by 0.3% in the 1st quarter. Wells Fargo & Company MN now owns 2,592,156 shares of the consumer goods maker’s stock worth $217,664,000 after purchasing an additional 7,185 shares in the last quarter. Lazard Asset Management LLC lifted its stake in Anheuser Busch Inbev by 360.1% in the 1st quarter. Lazard Asset Management LLC now owns 1,889,669 shares of the consumer goods maker’s stock worth $158,675,000 after purchasing an additional 1,478,922 shares in the last quarter. Finally, Investec Asset Management LTD lifted its stake in Anheuser Busch Inbev by 0.6% in the 1st quarter. Investec Asset Management LTD now owns 989,237 shares of the consumer goods maker’s stock worth $83,066,000 after purchasing an additional 5,946 shares in the last quarter. 4.49% of the stock is currently owned by hedge funds and other institutional investors.

BUD stock opened at $88.51 on Friday. The stock’s 50-day moving average price is $84.60. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.41 and a current ratio of 0.53. Anheuser Busch Inbev has a 52-week low of $64.54 and a 52-week high of $106.86. The stock has a market cap of $147.65 billion, a price-to-earnings ratio of 25.73, a P/E/G ratio of 2.23 and a beta of 1.16.

Anheuser Busch Inbev (NYSE:BUD) last posted its earnings results on Tuesday, May 7th. The consumer goods maker reported $1.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.27. Anheuser Busch Inbev had a net margin of 12.78% and a return on equity of 21.34%. The business had revenue of $12.59 billion for the quarter, compared to analyst estimates of $12.66 billion. During the same period in the prior year, the company posted $0.73 EPS. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. On average, research analysts expect that Anheuser Busch Inbev will post 4.65 EPS for the current year.

The business also recently declared a semiannual dividend, which was paid on Thursday, June 6th. Investors of record on Wednesday, May 8th were paid a $1.1152 dividend. The ex-dividend date of this dividend was Tuesday, May 7th. This is a positive change from Anheuser Busch Inbev’s previous semiannual dividend of $0.91. This represents a yield of 2.55%. Anheuser Busch Inbev’s dividend payout ratio (DPR) is currently 48.55%.

Anheuser Busch Inbev Company Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

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Analyst Recommendations for Anheuser Busch Inbev (NYSE:BUD)

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