Confidence in Anheuser-Busch InBev (NYSE:BUD) Shares by JP Morgan Fall
Dec 07 2017 by Johnny Bowman
Analysts on average have given a price target of $130.38 to Anheuser-Busch InBev SA/NV (BUD) stock. Societe Generale downgraded shares of Anheuser Busch Inbev from a "hold" rating to a "sell" rating in a research note on Monday, November 6th.
JP Morgan decreased the rating for shares of Anheuser-Busch InBev (NYSE:BUD) to aUnderweight from a Neutral. Argus started coverage on shares of Anheuser Busch Inbev in a research note on Friday, September 8th.
According to Zacks brokerage recommendations, Anheuser-Busch InBev SA/NV (NYSE:BUD)'s Buy count is 0 and Strong Buy is 3 while the number of analysts recommending Sell and Strong Sell are 0 and 4, respectively. The stock has a consensus rating of "Hold" and a consensus price target of $122.96.
Anheuser-Busch InBev SA/NV (BUD) waking on thin line between bulls and bears tracks and with several factors it's pulling towards optimistic side to some extend but some take to pessimistic side. With these types of results to display analysts, are more optimistic than before, leading 4 of analysts who cover Anheuser-Busch InBev SA/NV (NYSE:BUD) advice their clients to include it in their buy candidate list. Franklin Resources Inc. now owns 8,421,416 shares of the consumer goods maker's stock valued at $887,954,000 after buying an additional 2,982,684 shares during the period. Adviser Investments LLC acquired a new position in Anheuser Busch Inbev during the third quarter valued at approximately $298,000. Cowen Inc. now owns 13,035 shares of the consumer goods maker's stock valued at $1,439,000 after purchasing an additional 5,650 shares during the last quarter. Anheuser-Busch InBev had 42 analyst reports since July 21, 2015 according to SRatingsIntel. Finally, Jarislowsky Fraser Ltd lifted its holdings in Anheuser Busch Inbev by 0.5% during the 2nd quarter. Cetera Advisor Networks Ltd Liability, a California-based fund reported 2,380 shares. 5,444 are owned by Verition Fund Mgmt Limited Liability.
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The percentage of shares being held by the company management was 2.5% while institutional stake was 69.8%. S&P Research maintained it with "Hold" rating and $41 target in Thursday, September 24 report.
Receive News & Ratings for Anheuser Busch Inbev NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser Busch Inbev NV and related companies with our FREE daily email newsletter. The 43160 consensus earnings estimates for the company have stabilized at US$1.14 per share. The company has a market capitalization of $191,327.88, a price-to-earnings ratio of 32.94, a P/E/G ratio of 1.76 and a beta of 1.04. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.71 and a current ratio of 0.82. RBC Capital Markets maintained Anheuser-Busch InBev SA/NV (NYSE:BUD) on Monday, October 10 with "Underperform" rating. They expect $1.25 earnings per share, up 190.70 % or $0.82 from last year's $0.43 per share. The business had revenue of $14.74 billion for the quarter, compared to the consensus estimate of $15 billion. As long as profit margins and other details stay intact, Anheuser-Busch InBev SA/NV can continue to provide value for investors. During the same quarter a year ago, the company posted $0.83 earnings per share. Investors of record on Wednesday, November 15th will be given a dividend of $1.8534 per share. The ex-dividend date of this dividend was Monday, May 1st. Anheuser Busch Inbev's dividend payout ratio (DPR) is presently 117.28%.
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