Anheuser Busch Inbev SA (ADR) (NYSE:BUD) has been upgraded to Buy in a statement by Kepler Capital Markets earlier today.
- Updated: September 17, 2016
Showing a price of $125.40, Anheuser Busch Inbev SA (ADR) (NYSE:BUD) traded 0.38% lower on the day. The last stock close is up 0.44% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. Anheuser Busch Inbev SA (ADR) has been tracking to a 50-day moving average of $125.32 and 200-day moving average of $124.64. 762,171 shares of BUD exchanged hands, down from ann avg. volume of 1,434,000
Kepler Capital Markets has upgraded Anheuser Busch Inbev SA (ADR)(NYSE:BUD) to Buy in a report released 8/22/2016.
In addition to Kepler Capital Markets reporting it’s price target, a total of 5 brokers have issued a research note on the stock. The consensus target stock price is $136.34 with one firm rating the stock a strong buy, four analysts rating the stock a buy, one firm rating the stock a hold, one analyst rating the company to underperform, and finally 0 firms rating the company as sell.
Anheuser Busch Inbev SA (ADR) has a 52 week low of $103.19 and a 52 week high of $132.91 with a P/E ratio of 52 and has a total market value of $0.0.
Brief Synopsis About Anheuser Busch Inbev SA (ADR) (NYSE:BUD)
Anheuser-Busch Inbev SA (AB InBev) is a global brewer. The Company has a portfolio of over 200 beer brands. The Company operates through seven segments: North America, Mexico, Latin America North, Latin America South, Europe, Asia Pacific, and Global Export and Holding Companies. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler. The Company’s soft drinks business consists of both own production and agreements with PepsiCo related to bottling and distribution arrangements between its various subsidiaries and PepsiCo. Ambev, which is a subsidiary of the Company, is a PepsiCo bottler. Brands that are distributed under these agreements are Pepsi, and 7UP and Gatorade.
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