November 25, 2016 - By Linda Rogers
Macquarie issued Outperform rating on Anheuser-Busch InBev (NYSE:BUD). The firm began coverage on shares of BUD in an analyst note revealed to clients and investors on 25 November.
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 24.24% above today’s ($104.34) stock price. Anheuser-Busch InBev has been the topic of 29 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Sterne Agee CRT initiated Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) on Tuesday, July 21 with “Buy” rating. Credit Agricole upgraded the stock to “Outperform” rating in Monday, November 2 report. The stock has “Buy” rating given by UBS on Wednesday, September 30. The firm has “Outperform” rating by CLSA given on Monday, November 2. The stock of Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) earned “Buy” rating by Societe Generale on Tuesday, April 5. As per Monday, November 14, the company rating was downgraded by HSBC. The stock of Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) has “Buy” rating given on Friday, November 13 by Berenberg. The stock has “Buy” rating given by Liberum Capital on Monday, October 3. Sterne Agee CRT maintained Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) on Thursday, September 17 with “Buy” rating. The rating was maintained by RBC Capital Markets on Tuesday, September 8 with “Outperform”.
About 532,454 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 19.47 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 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.
Cetera Advisor Ntwk Limited Liability Co owns 2,149 shares or 0.02% of their US portfolio. Abner Herrman Brock Limited Liability accumulated 1.83% or 61,852 shares. Fifth Third Bancorp reported 209,563 shares or 0.23% of all its holdings. Ifc Fl has invested 0.04% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). King Luther Cap Mgmt Corporation owns 9,360 shares or 0.01% of their US portfolio. Clarkston Prns Lc holds 0.34% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) for 50,025 shares. Highvista Strategies Ltd Llc last reported 0.08% of its portfolio in the stock. Regent Inv Mgmt Limited Liability Com accumulated 0.24% or 3,400 shares. Ativo Cap Mngmt Ltd Llc owns 30,225 shares or 0.97% of their US portfolio. Haverford Fincl Services Inc has invested 2.92% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). Eads & Heald Investment Counsel accumulated 5,583 shares or 0.51% of the stock. First National Bank Sioux Falls has 6,028 shares for 2.49% of their US portfolio. Advisory Network Limited Company accumulated 0.15% or 5,095 shares. Ivory Inv Mgmt Limited Liability owns 168,356 shares or 0.61% of their US portfolio. Gardner Russo & Gardner Ltd reported 6.53M shares or 7.2% 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 $175.38 billion. The Firm owns a portfolio of over 200 beer brands. It has a 55.78 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 Linda Rogers