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

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