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Kepler Capital Stick to Their Buy Rating for Anheuser-Busch Inbev Sa

Published 02/26/2021, 09:05 PM
Updated 02/26/2021, 09:05 PM


Kepler Capital analyst Carola Holtz maintained a Buy rating on Anheuser-Busch Inbev Sa (NYSE:BUD) on Thursday, setting a price target of EUR67, which is approximately 34.55% above the present share price of $60.11.

Holtz expects Anheuser-Busch Inbev Sa to post earnings per share (EPS) of $0.00 for the first quarter of 2021.

The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Anheuser-Busch Inbev Sa, with an average price target of $77.63.
The analysts price targets range from a high of $90 to a low of $68.8.

In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $12.82 billion and a net profit of $3.75 billion. The company's market cap is $118.5 billion.

According to TipRanks.com, Kepler Capital analyst Carola Holtz is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.8% and a 58.07% success rate.

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.

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