Kepler Capital analyst Richard Withagen maintained a Buy rating on Anheuser-Busch Inbev Sa (NYSE:BUD) on Friday, setting a price target of EUR67, which is approximately 21.94% above the present share price of $65.39.
Withagen expects Anheuser-Busch Inbev Sa to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Anheuser-Busch Inbev Sa, with an average price target of $74.93.
The analysts price targets range from a high of $81 to a low of $65.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $12.77 billion and a net profit of $3.23 billion. The company's market cap is $128.97 billion.
According to TipRanks.com, Kepler Capital analyst Richard Withagen is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -2.1% and a 48.00% success rate.
Founded in 2008, Belgium-based Anheuser-Busch InBev SA/NV, commonly known as AB InBev, is America's leading brewing company, which is engaged in the production and distribution of alcoholic and non-alcoholic beverages worldwide. It has over 400 iconic beer brands, some of which include Budweiser, Corona, Stella Artois, Castle, Hoegaarden, Aguila, Antarctica, Bud Light, Cristal, Harbin, Modelo Especial, Quilmes, Sibirskaya Korona, and Skol among others.