In a report issued on December 2, Markus Borge Heiberg from Kepler Capital maintained a Buy rating on Anheuser-Busch Inbev Sa (BUD), with a price target of EUR58.00. The company’s shares closed last Thursday at $63.90.
According to TipRanks.com, Heiberg is a 2-star analyst with an average return of 2.5% and a 58.6% success rate. Heiberg covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners, Hermes International, and Royal Ahold Delhaize.
Anheuser-Busch Inbev Sa has an analyst consensus of Moderate Buy, with a price target consensus of $81.68, which is a 28.7% upside from current levels. In a report issued on January 6, Evercore ISI also maintained a Buy rating on the stock with a $90.00 price target.
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The company has a one-year high of $73.78 and a one-year low of $32.58. Currently, Anheuser-Busch Inbev Sa has an average volume of 1.68M.
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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.