Anheuser-Busch Inbev SA (BUD) : 4 brokerage houses believe that Anheuser-Busch Inbev SA (BUD) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Anheuser-Busch Inbev SA (BUD). Zacks Investment Research suggests a Buy with a rank of 2. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 8 Wall Street Analysts endorse the stock as a Buy with a rating of 2.13.
Anheuser-Busch Inbev SA (BUD) : The most positive equity analysts on Anheuser-Busch Inbev SA (BUD) expects the shares to touch $147, whereas, the least positive believes that the stock will trade at $106 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $136.85 with an expected fluctuation of $15.56 from the mean.
Also, Equity Analysts at the Brokerage Firm, Kepler Cheuvreux, upgrades their rating on the shares of Anheuser-Busch Inbev SA (NYSE:BUD). Kepler Cheuvreux has a Buy rating on the shares. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on August 22, 2016.
Anheuser-Busch Inbev SA (NYSE:BUD): After opening at $123.41, the stock dipped to an intraday low of $122.84 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $124.72 and the buying power remained strong till the end. The stock closed at $124.56 for the day, a gain of 1.45% for the day session. The total traded volume was 841,775. The stocks close on the previous trading day was $122.78.
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.