Anheuser-Busch Inbev SA (BUD) : Zacks Investment Research ranks Anheuser-Busch Inbev SA (BUD) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 2.29, which indicates as a Buy.
Anheuser-Busch Inbev SA (BUD) : The highest short term price target forecast on Anheuser-Busch Inbev SA (BUD) is $147 and the lowest target price is $106. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $135.02 with a standard deviation of $16.66.
For the current week, the company shares have a recommendation consensus of Buy. Also, Equity analysts at the Brokerage firm Kepler Cheuvreux upgrades its rating on Anheuser-Busch Inbev SA (NYSE:BUD). The rating major has initiated the coverage with buy rating on the shares. Earlier, the shares were rated a Hold by the brokerage firm. The rating by the firm was issued on August 22, 2016.
Anheuser-Busch Inbev SA (NYSE:BUD): stock was range-bound between the intraday low of $127.27 and the intraday high of $128.5699 after having opened at $128.46 on Wednesdays session. The stock finally closed in the red at $128.46, a loss of -0.45%. The stock remained in the red for the whole trading day. The total traded volume was 757,494 shares. The stock failed to cross $128.5699 in Wednesdays trading. The stocks closing price on Thursday was $127.94.
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.