Anheuser-Busch Inbev SA (NYSE:BUD) : 7 analysts are covering Anheuser-Busch Inbev SA (NYSE:BUD) and their average rating on the stock is 1.71, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Anheuser-Busch Inbev SA (NYSE:BUD) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
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.
For the current week, the company shares have a recommendation consensus of Buy. 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): stock turned positive on Tuesday. Though the stock opened at $123.35, the bulls momentum made the stock top out at $123.47 level for the day. The stock recorded a low of $121.69 and closed the trading day at $123.37, in the green by 1.61%. The total traded volume for the day was 1,663,478. The stock had closed at $121.41 in the previous days trading.
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.