Several other brokerages also recently commented on BUD. Bank of America reaffirmed a neutral rating and set a $105.00 target price (up from $95.00) on shares of Childrens Place in a report on Friday, April 5th. Barclays set a €16.80 ($19.53) target price on Deutsche Telekom and gave the stock a neutral rating in a report on Tuesday, April 2nd. Zacks Investment Research downgraded Glu Mobile from a buy rating to a hold rating in a report on Tuesday, April 9th. Finally, Argus downgraded Lions Gate Entertainment from a buy rating to a hold rating in a report on Thursday, May 30th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of $83.77.
Shares of BUD opened at $88.56 on Friday. The firm has a market cap of $147.21 billion, a P/E ratio of 25.74, a PEG ratio of 2.22 and a beta of 1.17. Anheuser Busch Inbev has a 12 month low of $64.54 and a 12 month high of $106.86. The stock’s 50-day moving average is $87.14. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.53 and a quick ratio of 0.41.
Large investors have recently made changes to their positions in the company. Sontag Advisory LLC bought a new stake in Anheuser Busch Inbev in the 4th quarter valued at about $26,000. Investors Research Corp bought a new stake in Anheuser Busch Inbev in the 1st quarter valued at about $26,000. Lenox Wealth Management Inc. increased its position 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 in the last quarter. Enterprise Financial Services Corp increased its position 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 in the last quarter. Finally, Strategy Asset Managers LLC bought a new stake in Anheuser Busch Inbev in the 1st quarter valued at about $28,000. 4.49% of the stock is currently owned by institutional investors.
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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