Rating Buzzer: Macquarie Research Covers Anheuser-Busch InBev (NYSE:BUD). What Is Next?

November 25, 2016 - By Dolores Ford

Rating Buzzer: Macquarie Research Covers Anheuser Busch InBev (NYSE:BUD). What Is Next?

How Macquarie Research Rates Anheuser-Busch InBev (NYSE:BUD)

Macquarie Research issued to investors and clients in an analysts report that it has started coverage on Anheuser-Busch InBev (NYSE:BUD) stock, with Outperform rating.

Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) Ratings Coverage

Out of 18 analysts covering Anheuser-Busch InBev (NYSE:BUD), 12 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 67% are positive. $157 is the highest target while $100 is the lowest. The $129.63 average target is 24.84% above today’s ($103.84) stock price. Anheuser-Busch InBev has been the topic of 29 analyst reports since July 21, 2015 according to StockzIntelligence Inc. As per Monday, October 3, the company rating was initiated by Liberum Capital. UBS initiated Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) on Wednesday, September 30 with “Buy” rating. The firm earned “Buy” rating on Tuesday, September 13 by Jefferies. The company was upgraded on Monday, August 22 by Kepler Cheuvreux. The firm has “Buy” rating by Societe Generale given on Tuesday, April 5. The rating was upgraded by BNP Paribas on Monday, November 16 to “Outperform”. As per Tuesday, July 21, the company rating was downgraded by Nomura. The stock of Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) earned “Outperform” rating by CLSA on Monday, November 2. The firm has “Hold” rating by HSBC given on Monday, November 14. The firm has “Buy” rating by Stifel Nicolaus given on Friday, February 26.

The stock increased 1.41% or $1.44 during the last trading session, hitting $103.84. About 1.36M shares traded hands. Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) has declined 20.17% since April 22, 2016 and is downtrending. It has underperformed by 25.58% the S&P500.

Analysts await Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) to report earnings on February, 23. They expect $1.34 earnings per share, down 14.10% or $0.22 from last year’s $1.56 per share. BUD’s profit will be $2.25B for 19.37 P/E if the $1.34 EPS becomes a reality. After $0.83 actual earnings per share reported by Anheuser Busch Inbev SA NV (ADR) for the previous quarter, Wall Street now forecasts 61.45% EPS growth.

Insitutional Activity: The institutional sentiment increased to 1.02 in 2016 Q2. Its up 0.02, from 1 in 2016Q1. The ratio increased, as 37 funds sold all Anheuser Busch Inbev SA NV (ADR) shares owned while 150 reduced positions. 41 funds bought stakes while 146 increased positions. They now own 91.82 million shares or 6.76% more from 86.01 million shares in 2016Q1.

Vantage Investment Advisors Limited Company accumulated 0.02% or 273 shares. Guardian Ltd Partnership accumulated 152,350 shares or 0.33% of the stock. Mcf Limited Liability Corporation holds 0% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) for 18 shares. Weik Inc last reported 21,865 shares in the company. Williams Jones & Associate Lc accumulated 0.02% or 3,500 shares. Emerging Sovereign Grp Inc Limited Liability last reported 5.53% of its portfolio in the stock. Avalon Ltd Com holds 9,718 shares or 0.05% of its portfolio. Parametric Portfolio Associates Ltd Llc last reported 647,455 shares in the company. Endurance Wealth Incorporated reported 190 shares or 0% of all its holdings. Ledyard Bancorporation accumulated 0.01% or 324 shares. Mufg Americas last reported 6,875 shares in the company. South State Corporation reported 2,097 shares or 0.04% of all its holdings. Mirae Asset Invests Communications Ltd holds 198,560 shares or 0.67% of its portfolio. Deutsche Retail Bank Ag accumulated 157,704 shares or 0.01% of the stock. Davenport Limited Liability Com reported 568,357 shares or 0% of all its holdings.

Anheuser Busch Inbev SA NV is a Belgium firm engaged in the brewers industry. The company has a market cap of $174.54 billion. The Firm owns a portfolio of over 200 beer brands. It has a 55.51 P/E ratio. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

According to Zacks Investment Research, “Anheuser-Busch is the leading global brewer and one of the world’s top five consumer products companies. Their portfolio of well over 200 beer brands continues to forge strong connections with consumers. They invest the majority of their brand-building resources on their Focus Brands – those with the greatest growth potential such as global brands Budweiser®, Stella Artois® and BeckÂ’s®, alongside Leffe®, Hoegaarden®, Bud Light®, Skol®, Brahma®, Antarctica®, Quilmes®, Michelob Ultra®, Harbin®, Sedrin®, Klinskoye®, Sibirskaya Korona®, Chernigivske®, Hasseröder® and Jupiler®. In addition, the company owns a 50 percent equity interest in the operating subsidiary of Grupo Modelo, Mexico’s leading brewer and owner of the global Corona® brand.”

More notable recent Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) news were published by: Investorplace.com which released: “Anheuser Busch Inbev SA NV (ADR) (BUD) Is the King of Sin Stocks” on November 16, 2016, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on February 11, 2011, Finance.Yahoo.com published: “BUD : Summary for Anheuser-Busch Inbev SA Sponsor – Yahoo Finance” on September 16, 2015. More interesting news about Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) were released by: Schaeffersresearch.com and their article: “Option Bulls Watch Anheuser Busch Inbev SA NV (ADR) (BUD) Amid Brand Sale Rumors” published on November 08, 2016 as well as Fool.com‘s news article titled: “Is Anheuser-Busch InBev SA (ADR) Trying to Snuff Out Craft Beer Competition?” with publication date: October 25, 2015.

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