BUD has been the topic of a number of other research reports. Zacks Investment Research lowered Anheuser Busch Inbev from a “buy” rating to a “hold” rating and set a $99.00 price objective on the stock. in a research note on Monday, September 2nd. Guggenheim set a $106.00 price objective on Anheuser Busch Inbev and gave the company a “buy” rating in a research note on Friday, October 25th. Barclays lowered Anheuser Busch Inbev from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, August 27th. Jefferies Financial Group raised Anheuser Busch Inbev to a “hold” rating and set a $95.00 price objective on the stock in a research note on Monday, August 12th. Finally, Macquarie reaffirmed a “neutral” rating on shares of Anheuser Busch Inbev in a research note on Monday, October 28th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $89.08.
Anheuser Busch Inbev stock traded up $0.10 during trading hours on Friday, hitting $78.48. The stock had a trading volume of 1,051,127 shares, compared to its average volume of 1,406,006. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.54 and a quick ratio of 0.41. The stock has a market capitalization of $127.86 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 2.02 and a beta of 1.16. Anheuser Busch Inbev has a 1-year low of $64.54 and a 1-year high of $102.70. The stock’s fifty day moving average is $89.35 and its two-hundred day moving average is $90.23.
Several institutional investors and hedge funds have recently bought and sold shares of BUD. Amundi Pioneer Asset Management Inc. lifted its position in Anheuser Busch Inbev by 272.4% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 30,000 shares of the consumer goods maker’s stock worth $2,519,000 after buying an additional 47,400 shares during the period. Thomasville National Bank lifted its position in Anheuser Busch Inbev by 9.1% during the second quarter. Thomasville National Bank now owns 11,085 shares of the consumer goods maker’s stock worth $981,000 after buying an additional 920 shares during the period. Carroll Financial Associates Inc. lifted its position in Anheuser Busch Inbev by 18.4% during the second quarter. Carroll Financial Associates Inc. now owns 1,370 shares of the consumer goods maker’s stock worth $121,000 after buying an additional 213 shares during the period. Douglas Lane & Associates LLC purchased a new position in Anheuser Busch Inbev during the second quarter worth about $221,000. Finally, Zions Bancorporation N.A. lifted its position in Anheuser Busch Inbev by 34.0% during the second quarter. Zions Bancorporation N.A. now owns 3,852 shares of the consumer goods maker’s stock worth $341,000 after buying an additional 978 shares during the period. 4.54% of the stock is currently owned by institutional investors and hedge funds.
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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