Anheuser-Busch Inbev SA (BUD) : Analyst Rating Update

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.