Trade Report: The Anheuser Busch Inbev SA (BUD) Receives Buy Rating from Citigroup Inc.

The Anheuser Busch Inbev SA (BUD) Receives Buy Rating from Citigroup Inc.

Citigroup Inc. restated their buy rating on shares of Anheuser Busch Inbev SA (NYSE:BUD) in a research report released on Monday morning.

Several other equities research analysts also recently issued reports on the stock. Goldman Sachs Group Inc. assumed coverage on shares of Anheuser Busch Inbev SA in a research note on Monday. They issued a buy rating on the stock. Royal Bank Of Canada restated an underperform rating on shares of Anheuser Busch Inbev SA in a research note on Monday. Morgan Stanley assumed coverage on shares of Anheuser Busch Inbev SA in a research note on Wednesday, October 5th. They issued an overweight rating on the stock. Liberum Capital assumed coverage on shares of Anheuser Busch Inbev SA in a research note on Monday, October 3rd. They issued a buy rating on the stock. Finally, Vetr downgraded shares of Anheuser Busch Inbev SA from a buy rating to a hold rating and set a $137.94 price objective on the stock. in a research note on Wednesday, September 28th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Anheuser Busch Inbev SA has a consensus rating of Buy and a consensus price target of $133.42.

Shares of Anheuser Busch Inbev SA (NYSE:BUD) opened at 127.28 on Monday. The company has a 50 day moving average of $127.24 and a 200-day moving average of $126.19. The firm has a market cap of $204.63 billion and a PE ratio of 53.84. Anheuser Busch Inbev SA has a 12-month low of $110.59 and a 12-month high of $136.08.

Anheuser Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings data on Friday, July 29th. The company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.06. The company earned $10.81 billion during the quarter, compared to analyst estimates of $10.93 billion. The company’s revenue was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.21 EPS. Equities research analysts forecast that Anheuser Busch Inbev SA will post $3.70 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Winslow Evans & Crocker Inc. boosted its position in Anheuser Busch Inbev SA by 0.3% in the second quarter. Winslow Evans & Crocker Inc. now owns 782 shares of the company’s stock worth $103,000 after buying an additional 2 shares in the last quarter. Pinkerton Retirement Specialists LLC purchased a new stake in shares of Anheuser Busch Inbev SA during the second quarter worth approximately $114,000. Stuart Chaussee & Associates Inc. raised its stake in shares of Anheuser Busch Inbev SA by 36.0% in the second quarter. Stuart Chaussee & Associates Inc. now owns 925 shares of the company’s stock worth $122,000 after buying an additional 245 shares during the last quarter. Assetmark Inc. raised its stake in shares of Anheuser Busch Inbev SA by 18.6% in the second quarter. Assetmark Inc. now owns 945 shares of the company’s stock worth $124,000 after buying an additional 148 shares during the last quarter. Finally, Ropes Wealth Advisors LLC raised its stake in shares of Anheuser Busch Inbev SA by 58.1% in the first quarter. Ropes Wealth Advisors LLC now owns 1,015 shares of the company’s stock worth $127,000 after buying an additional 373 shares during the last quarter.

Anheuser Busch Inbev SA Company Profile

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