Anheuser Busch Inbev SA (BUD) Receives New Coverage from Analysts at Jefferies Group

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Equities researchers at Jefferies Group started coverage on shares of Anheuser Busch Inbev SA (NYSE:BUD) in a research report issued on Tuesday, The Fly reports. The firm set a “buy” rating on the stock.
Other equities analysts also recently issued reports about the stock. Susquehanna reissued a “buy” rating on shares of Anheuser Busch Inbev SA in a research report on Sunday, July 17th. Bank Degroof downgraded shares of Anheuser Busch Inbev SA to a “hold” rating in a research report on Thursday, July 28th. Investec increased their target price on shares of Anheuser Busch Inbev SA from $126.22 to $136.95 and gave the stock a “buy” rating in a research report on Wednesday, June 1st. Natixis raised shares of Anheuser Busch Inbev SA from a “reduce” rating to a “neutral” rating in a research report on Wednesday, August 3rd. Finally, Vetr downgraded shares of Anheuser Busch Inbev SA from a “strong-buy” rating to a “buy” rating and set a $130.17 target price on the stock. in a research report on Monday, May 23rd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the stock. Anheuser Busch Inbev SA currently has a consensus rating of “Buy” and an average price target of $132.83.
Anheuser Busch Inbev SA (NYSE:BUD) opened at 124.80 on Tuesday. The stock has a 50 day moving average price of $125.42 and a 200-day moving average price of $124.56. The firm has a market capitalization of $200.65 billion and a PE ratio of 52.79. Anheuser Busch Inbev SA has a 12-month low of $103.19 and a 12-month high of $132.91.

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Anheuser Busch Inbev SA (NYSE:BUD) last posted its earnings results on Friday, July 29th. The company reported $1.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.06. The business had revenue of $10.81 billion for the quarter, compared to analyst estimates of $10.93 billion. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.21 earnings per share. On average, equities research analysts forecast that Anheuser Busch Inbev SA will post $3.70 EPS for the current year.
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Winslow Evans & Crocker Inc. boosted its position in shares of 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. Stuart Chaussee & Associates Inc. boosted its position 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 in the last quarter. Ropes Wealth Advisors LLC boosted its position 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 in the last quarter. Enterprise Financial Services Corp boosted its position in shares of Anheuser Busch Inbev SA by 59.2% in the second quarter. Enterprise Financial Services Corp now owns 1,210 shares of the company’s stock worth $159,000 after buying an additional 450 shares in the last quarter. Finally, Proficio Capital Partners LLC boosted its position in Anheuser Busch Inbev SA by 23.3% in the second quarter. Proficio Capital Partners LLC now owns 1,259 shares of the company’s stock worth $159,000 after buying an additional 238 shares during the period.
About Anheuser Busch Inbev SA
Anheuser-Busch Inbev SA (AB InBev) is a global brewer. The Company has a portfolio of over 200 beer brands. The Company operates through seven segments: North America, Mexico, Latin America North, Latin America South, Europe, Asia Pacific, and Global Export and Holding Companies. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

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