November 25, 2016 - By Darrin Black
In analysts note shared with investors today, Macquarie analysts has begun Anheuser-Busch InBev (NYSE:BUD) coverage with Outperform rating.
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 24.31% above today’s ($104.28) stock price. Anheuser-Busch InBev has been the topic of 29 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Nomura on Tuesday, July 21. CLSA upgraded the stock to “Outperform” rating in Monday, November 2 report. Jefferies initiated Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) on Tuesday, September 13 with “Buy” rating. The company was downgraded on Monday, November 14 by HSBC. The company was upgraded on Monday, November 2 by Credit Agricole. The rating was reinitiated by Morgan Stanley on Wednesday, October 5 with “Overweight”. The stock of Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) has “Buy” rating given on Friday, November 13 by Berenberg. The rating was downgraded by Societe Generale to “Buy” on Tuesday, April 5. The firm earned “Buy” rating on Friday, February 26 by Stifel Nicolaus. The firm earned “Sector Perform” rating on Monday, September 21 by RBC Capital Markets.
About 562,163 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 EPS, down 14.10% or $0.22 from last year’s $1.56 per share. BUD’s profit will be $2.25 billion for 19.46 P/E if the $1.34 EPS becomes a reality. After $0.83 actual EPS 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 Q2 2016. Its up 0.02, from 1 in 2016Q1. The ratio is positive, 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.
Td Asset Management holds 0.02% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) for 66,293 shares. Putnam Ltd Liability Corporation, a Massachusetts-based fund reported 702,054 shares. Leavell Inv holds 18,343 shares or 0.36% of its portfolio. Lba Wealth Mngmt holds 0.08% or 1,056 shares in its portfolio. Gilman Hill Asset Limited Co, a Connecticut-based fund reported 2,475 shares. Blackrock Institutional Trust Company Na has 184,241 shares for 0% of their US portfolio. Endurance Wealth Management Inc has invested 0% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). Gardner Russo And Gardner Limited Liability Com has 7.2% invested in the company for 6.53M shares. The New York-based M&R Capital Inc has invested 0.01% in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). Jarislowsky Fraser reported 627,549 shares or 0.57% of all its holdings. Jpmorgan Chase & has invested 0.01% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). Hikari Pwr has invested 1.08% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). The New York-based Jefferies Gp Limited Liability has invested 0% in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). Raymond James Assocs, a Florida-based fund reported 185,265 shares. Weitz Invest Management Inc holds 0.07% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) for 15,000 shares.
Anheuser Busch Inbev SA NV is a Belgium firm engaged in the brewers industry. The company has a market cap of $175.28 billion. The Firm owns a portfolio of over 200 beer brands. It has a 55.75 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 BudweiserÂ®, Stella ArtoisÂ® and BeckÂ’sÂ®, alongside LeffeÂ®, HoegaardenÂ®, Bud LightÂ®, SkolÂ®, BrahmaÂ®, AntarcticaÂ®, QuilmesÂ®, Michelob UltraÂ®, HarbinÂ®, SedrinÂ®, KlinskoyeÂ®, Sibirskaya KoronaÂ®, ChernigivskeÂ®, HasserÃ¶derÂ® and JupilerÂ®. 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 CoronaÂ® 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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By Darrin Black