Anheuser Busch Inbev (NYSE:BUD) Downgraded by ValuEngine

Anheuser Busch Inbev (NYSE:BUD) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a report released on Friday, ValuEngine reports.

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.

Anheuser Busch Inbev (NYSE:BUD) last posted its earnings results on Friday, October 25th. The consumer goods maker reported $1.22 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.36 by ($0.14). The firm had revenue of $13.17 billion during the quarter, compared to analyst estimates of $13.78 billion. Anheuser Busch Inbev had a net margin of 17.63% and a return on equity of 23.92%. The firm’s revenue for the quarter was down .8% on a year-over-year basis. During the same period last year, the company posted $0.82 EPS. As a group, sell-side analysts anticipate that Anheuser Busch Inbev will post 4.62 EPS for the current year.

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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Analyst Recommendations for Anheuser Busch Inbev (NYSE:BUD)

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