Anheuser Busch Inbev (NYSE:BUD) Stock Rating Upgraded by Jefferies Financial Group

Jefferies Financial Group upgraded shares of Anheuser Busch Inbev (NYSE:BUD) to a hold rating in a research note published on Monday morning, TipRanks reports. The firm currently has $95.00 target price on the consumer goods maker’s stock.

A number of other research analysts have also recently commented on BUD. Bank of America raised shares of Anheuser Busch Inbev from a neutral rating to a buy rating in a report on Monday, July 29th. They noted that the move was a valuation call. UBS Group cut shares of Anheuser Busch Inbev from a buy rating to a neutral rating in a report on Tuesday, August 6th. Argus raised shares of Anheuser Busch Inbev from a hold rating to a buy rating in a report on Thursday, May 30th. Finally, ValuEngine raised shares of Anheuser Busch Inbev from a sell rating to a hold rating in a report on Friday, July 19th. Nine analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Anheuser Busch Inbev currently has an average rating of Hold and an average price target of $89.27.

Anheuser Busch Inbev stock traded down $2.31 during trading hours on Monday, reaching $93.36. 1,945,695 shares of the stock were exchanged, compared to its average volume of 1,469,544. The company has a market cap of $159.54 billion, a P/E ratio of 27.08, a P/E/G ratio of 2.13 and a beta of 1.16. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.41 and a current ratio of 0.54. Anheuser Busch Inbev has a twelve month low of $64.54 and a twelve month high of $102.70. The stock has a 50 day moving average price of $94.19.



Anheuser Busch Inbev (NYSE:BUD) last posted its earnings results on Thursday, July 25th. The consumer goods maker reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.12. The firm had revenue of $13.96 billion during the quarter, compared to analysts’ expectations of $13.81 billion. Anheuser Busch Inbev had a net margin of 13.81% and a return on equity of 21.79%. The business’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.95 earnings per share. On average, sell-side analysts predict that Anheuser Busch Inbev will post 5.06 earnings per share for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Investors Research Corp bought a new position in Anheuser Busch Inbev in the 1st quarter valued at approximately $26,000. Lenox Wealth Management Inc. raised its holdings in Anheuser Busch Inbev by 423.7% in the 1st quarter. Lenox Wealth Management Inc. now owns 309 shares of the consumer goods maker’s stock valued at $26,000 after buying an additional 250 shares during the last quarter. Enterprise Financial Services Corp raised its holdings in Anheuser Busch Inbev by 135.7% in the 1st quarter. Enterprise Financial Services Corp now owns 337 shares of the consumer goods maker’s stock valued at $28,000 after buying an additional 194 shares during the last quarter. Strategy Asset Managers LLC bought a new position in Anheuser Busch Inbev in the 1st quarter valued at approximately $28,000. Finally, Alera Investment Advisors LLC raised its holdings in Anheuser Busch Inbev by 114.9% in the 1st quarter. Alera Investment Advisors LLC now owns 346 shares of the consumer goods maker’s stock valued at $29,000 after buying an additional 185 shares during the last quarter. Institutional investors and hedge funds own 4.47% of the company’s stock.

About Anheuser Busch Inbev

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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