Anheuser Busch Inbev SA (ADR) (BUD) is Initiated by Macquarie to Outperform

Anheuser Busch Inbev SA (ADR) (BUD) was Initiated by Macquarie to “Outperform”. Macquarie advised their investors in a research report released on Nov 25, 2016.

Many Wall Street Analysts have commented on Anheuser Busch Inbev SA (ADR). Anheuser Busch Inbev SA (ADR) was Downgraded by HSBC Securities to ” Hold” on Nov 14, 2016. Anheuser Busch Inbev SA (ADR) was Downgraded by Societe Generale to ” Hold” on Oct 20, 2016. Anheuser Busch Inbev SA (ADR) was Resumed by Credit Suisse to “Outperform” on Oct 12, 2016.

On the company’s financial health, Anheuser Busch Inbev SA (ADR) reported $0.83 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Oct 28, 2016. Analyst had a consensus of $0.90. The company had revenue of $11694.00 million for the quarter, compared to analysts expectations of $11400.16 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.02 EPS.

Anheuser Busch Inbev SA (ADR) closed down -1.12 points or -1.09% at $101.88 with 35,79,198 shares getting traded on Monday. Post opening the session at $102.06, the shares hit an intraday low of $101 and an intraday high of $102.1408 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Anheuser Busch Inbev SA formerly Anheuser-Busch InBev SA/NV is a brewing company. The Company produces markets distributes and sells a portfolio of approximately 200 beer and other malt beverage brands. The Company operates in seven business segments: North America Mexico Latin America North Latin America South Europe Asia Pacific and Global Export & Holding Companies. The Company also produces and distributes soft drinks particularly in Latin America and other near beer products such as Lime-A-Rita and other Rita family products in the United States and other countries. The Company’s brand portfolio consists of three categories: global brands Budweiser Corona (except in the United States) and Stella Artois; multi-country brands Beck’s Leffe and Hoegaarden and local brands Bud Light Michelob Victoria Modelo Especial Negra Modelo Skol Brahma Antarctica Quilmes Jupiler Klinskoye Sibirskaya Korona Chernigivske Cass Harbin and Sedrin.

Anheuser Busch Inbev SA (ADR)

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