Anheuser-Busch Inbev SA (NYSE:BUD) : The consensus price target for Anheuser-Busch Inbev SA (NYSE: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.
Shares of Anheuser-Busch InBev SA/NV rose by 1.62% in the last five trading days and 2.05% for the last 4 weeks. Anheuser-Busch InBev SA/NV is up 6.68% in the last 3-month period. Year-to-Date the stock performance stands at 7.23%. Also, Equity Analysts at the Bernstein maintains the rating on Anheuser-Busch Inbev SA (NYSE:BUD). The brokerage firm has issued a Market Perform rating on the shares. The Analysts at the ratings agency lowers the price target from $125.3 per share to $121.7 per share. The rating by the firm was issued on May 5, 2016.
Anheuser-Busch Inbev SA (NYSE:BUD) : 4 brokerage houses believe that Anheuser-Busch Inbev SA (NYSE:BUD) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Anheuser-Busch Inbev SA (NYSE:BUD). Zacks Investment Research suggests a Strong Sell with a rank of 5.The median of all the 7 Wall Street Analysts endorse the stock as a Buy with a rating of 1.71.
Anheuser-Busch Inbev SA (NYSE:BUD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $129.92 and $129.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $131.90. The buying momentum continued till the end and the stock did not give up its gains. It closed at $131.68, notching a gain of 4.26% for the day. The total traded volume was 2,818,076 . The stock had closed at $126.30 on the previous day.
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.