Anheuser-Busch Inbev SA (BUD) Shares are Up 0.96%

Anheuser-Busch Inbev SA (BUD) : Traders are bullish on Anheuser-Busch Inbev SA (BUD) as it has outperformed the S&P 500 by a wide margin of 4.23% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.79%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.96% in the last 1 week, and is up 3.67% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 3.36% and the 50-Day Moving Average is 4.27%.The 200 Day SMA reached 7.03%


Anheuser-Busch Inbev SA (NYSE:BUD): After opening at $130.75, the stock dipped to an intraday low of $130.5 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $131.9099 and the buying power remained strong till the end. The stock closed at $131.41 for the day, a gain of 0.19% for the day session. The total traded volume was 1,477,411. The stocks close on the previous trading day was $131.41.

Anheuser-Busch Inbev SA (BUD) : Currently there are 6 street experts covering Anheuser-Busch Inbev SA (BUD) stock. The most bullish and bearish price target for the stock is $147 and $106 respectively for the short term. The average price target of all the analysts comes to $136.85. The estimated standard deviation from the target is $15.56.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *