RBC Capital Gives Anheuser-Busch InBev (BUD) a Higher Rating. Raises its Underperform Rating

May 23, 2018 - By Ann Prendergast

Anheuser-Busch InBev SA/NV (NYSE:BUD) Logo

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.31, from 1.27 in 2017Q3. It dived, as 44 investors sold Anheuser-Busch InBev SA/NV shares while 158 reduced holdings. 56 funds opened positions while 138 raised stakes. 94.11 million shares or 1.92% more from 92.33 million shares in 2017Q3 were reported.

Wade G W And owns 69,153 shares for 0.89% of their portfolio. First Citizens Financial Bank And owns 2,008 shares for 0.03% of their portfolio. Goldman Sachs accumulated 0.02% or 672,623 shares. River Road Asset Mngmt Limited Company holds 0% or 2,181 shares in its portfolio. Clearbridge Lc has invested 0% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). Northern Trust Corp, a Illinois-based fund reported 1.14 million shares. 81,170 are owned by Amer Insur Tx. Ar Asset holds 0.22% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 5,200 shares. Sandy Spring National Bank & Trust has 65 shares for 0% of their portfolio. 24,708 are held by Northcoast Asset Mngmt Ltd Liability Corp. Advsr Asset Mngmt Incorporated stated it has 31,581 shares or 0.06% of all its holdings. Benjamin F Edwards & Com Inc holds 2,938 shares. First Allied Advisory Service reported 0.01% stake. Diversified holds 2,118 shares. Signaturefd Ltd Liability Com reported 2,908 shares.

Anheuser-Busch InBev (BUD) Stock Upgrade

In a note released on Tuesday morning, RBC Capital upgraded shares of Anheuser-Busch InBev (BUD) to a Sector Perform. The previous rating for BUD was a Underperform.

The stock increased 0.77% or $0.73 during the last trading session, reaching $94.93. About 3.01 million shares traded or 22.43% up from the average. Anheuser-Busch InBev SA/NV (BUD) has declined 3.50% since May 23, 2017 and is downtrending. It has underperformed by 15.05% the S&P500.

Analysts await Anheuser-Busch InBev SA/NV (NYSE:BUD) to report earnings on July, 26. They expect $1.27 EPS, up 33.68 % or $0.32 from last year’s $0.95 per share. BUD’s profit will be $2.45B for 18.69 P/E if the $1.27 EPS becomes a reality. After $0.73 actual EPS reported by Anheuser-Busch InBev SA/NV for the previous quarter, Wall Street now forecasts 73.97 % EPS growth.

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. The company has market cap of $183.10 billion. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck??s, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol brands. It has a 23.89 P/E ratio.

More notable recent Anheuser-Busch InBev SA/NV (NYSE:BUD) news were published by: Investorplace.com which released: “Play Into the Seasonal Strength of Anheuser Busch InBev NV (ADR)” on April 24, 2018, also Benzinga.com with their article: “Bank Of America Downgrades Anheuser Busch Due To Sobering Outlook” published on April 26, 2018, Investorplace.com published: “7 Consumer Stocks to Sell Now” on May 15, 2018. More interesting news about Anheuser-Busch InBev SA/NV (NYSE:BUD) were released by: Fool.com and their article: “Price Increases, Cost Savings Drive Anheuser-Busch InBev Results” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “PepsiCo Is The Perfect 3G Target” with publication date: May 18, 2018.

Anheuser-Busch InBev SA/NV (NYSE:BUD) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: