Anheuser-Busch Inbev SA (BUD) : 7 analysts are covering Anheuser-Busch Inbev SA (BUD) and their average rating on the stock is 1.71, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Anheuser-Busch Inbev SA (BUD) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Anheuser-Busch Inbev SA (BUD) : The consensus price target for Anheuser-Busch Inbev SA (BUD) is $132.22 for the short term with a standard deviation of $16.96. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $142, however, the pessimist price target for the company is $102.
Anheuser-Busch Inbev SA (NYSE:BUD): The stock opened at $126.40 on Wednesday but the bulls could not build on the opening and the stock topped out at $128.24 for the day. The stock traded down to $125.44 during the day, due to lack of any buying support eventually closed down at $128.07 with a loss of -0.39% for the day. The stock had closed at $128.57 on the previous day. The total traded volume was 1,792,504 shares.
Also, In a research note released to the investors, Bernstein maintains its rating on Anheuser-Busch Inbev SA (NYSE:BUD).The analysts at the brokerage house have a current rating of Market Perform on the shares. In a recent information released to the investors, Bernstein lowers the new price target from $125.3 per share to $121.7 per share. The rating by the firm was issued on May 5, 2016. The company shares have rallied 8.38% from its 1 Year high price. On Apr 19, 2016, the shares registered one year high at $132.91 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $126.28 and the 200 Day Moving Average price is recorded at $122.66.
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 Companys brand portfolio consists of three categories: global brands Budweiser, Corona (except in the United States) and Stella Artois; multi-country brands Becks, 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.