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

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.

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