Kepler Capital analyst Jon Cox maintained a Buy rating on Anheuser-Busch Inbev Sa (BUD) on October 12 and set a price target of EUR52.00. The company’s shares closed last Friday at $55.42.
According to TipRanks.com, Cox is a 1-star analyst with an average return of -2.1% and a 49.4% success rate. Cox covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners, Hermes International, and Royal Ahold Delhaize.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anheuser-Busch Inbev Sa with a $64.28 average price target.
See today’s analyst top recommended stocks >>
Based on Anheuser-Busch Inbev Sa’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $10.3 billion and net profit of $350 million. In comparison, last year the company earned revenue of $13.23 billion and had a net profit of $2.48 billion.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Anheuser-Busch InBev SA/NV operates as a holding company, which engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. It operates through the following geographical segments: North America, Latin America West, Latin America North, Latin America South, EMEA, Asia Pacific and Global Export and Holding Companies. The Global Export and Holding Companies segment includes the global headquarters and the export businesses in other countries. Its brands include Budweiser, Corona and Stella Artois; multi-country brands Beck’s, Castle, Castle Lite, Hoegaarden and Leffe; and local champions, such as Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol. The company was founded in 2008 and is headquartered in Leuven, Belgium.
Read More on BUD:
