Shares of Anheuser Busch Inbev NV (NYSE:BUD) have received a consensus rating of “Hold” from the eleven research firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $88.25.
Several brokerages have commented on BUD. UBS Group downgraded shares of Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 6th. Argus upgraded shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research report on Thursday, May 30th. Barclays downgraded shares of Anheuser Busch Inbev from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, August 27th. ValuEngine downgraded shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th. Finally, Bank of America upgraded shares of Anheuser Busch Inbev from a “neutral” rating to a “buy” rating in a research report on Monday, July 29th. They noted that the move was a valuation call.
Several large investors have recently made changes to their positions in BUD. Strategy Asset Managers LLC purchased a new position in Anheuser Busch Inbev in the 1st quarter worth about $28,000. Alera Investment Advisors LLC grew its holdings in Anheuser Busch Inbev by 114.9% during the 1st quarter. Alera Investment Advisors LLC now owns 346 shares of the consumer goods maker’s stock worth $29,000 after acquiring an additional 185 shares in the last quarter. Global Retirement Partners LLC grew its holdings in Anheuser Busch Inbev by 35.9% during the 1st quarter. Global Retirement Partners LLC now owns 613 shares of the consumer goods maker’s stock worth $51,000 after acquiring an additional 162 shares in the last quarter. Clarus Wealth Advisors grew its holdings in Anheuser Busch Inbev by 17.1% during the 2nd quarter. Clarus Wealth Advisors now owns 718 shares of the consumer goods maker’s stock worth $64,000 after acquiring an additional 105 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ bought a new position in Anheuser Busch Inbev during the 2nd quarter worth about $89,000. Institutional investors own 4.37% of the company’s stock.
Anheuser Busch Inbev (NYSE:BUD) last issued its earnings results on Thursday, July 25th. The consumer goods maker reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.12. Anheuser Busch Inbev had a return on equity of 21.79% and a net margin of 13.81%. The firm had revenue of $13.96 billion for the quarter, compared to the consensus estimate of $13.81 billion. During the same quarter in the previous year, the company posted $0.95 earnings per share. The business’s quarterly revenue was down .2% compared to the same quarter last year. On average, equities analysts anticipate that Anheuser Busch Inbev will post 5.06 EPS for the current year.
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.
Featured Story: How to invest in blue-chip stocks
Receive News & Ratings for Anheuser Busch Inbev Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser Busch Inbev and related companies with MarketBeat.com's FREE daily email newsletter.