Anheuser-Busch InBev (NYSE:BUD) Change of Rating

Societe Generale cut Anheuser-Busch Inbev (NYSE:BUD)’s stock to Sell rating from Hold. This rating change was issued to clients in analysts report today.

The stock downgrade is noticed by stock investors, as NYSE:BUD is right now trading -0.94% lower at $120.58 as of 8:15 AM New York time. Anheuser-Busch InBev shares have [From2] 0% over the past 200 days, while the S&P 500 has increased 6.00% over the same time.

According to data compiled by Thomson Reuters, Anheuser-Busch InBev (NYSE:BUD)’s stock is covered by 5 equity analysts across the Street, with 1 analysts giving it a Sell rating, 5 a Buy rating, while 1 consider it a Hold. The 12-month consensus target price for the stock is $136.34, which reflects an upside potential of 13.07% over the current price.

Institutional Ownership

Squadra Investments had the biggest stake with ownership of 440,258 shares as of Q2 2015 for 29.15% of the fund portfolio. Btg Pactual Global Asset Management Ltd is another notably bullish investment professional who is possessing 129,435 shares of Anheuser-Busch InBev or 10.82% of their fund portfolio. Also, Gardner Russo & Gardner Llc have 7.21% of their fund portfolio invested in the company for 6.59M shares. The New York-based fund Soroban Capital Partners Lp revealed it had purchased a stake worth about 6.44% of the investment professional’s stock portfolio in Anheuser-Busch InBev. The New York-based fund Emerging Sovereign Group Llc is also positive about the stock, possessing 8.08M shares or 5.87% of their fund portfolio.

Anheuser-Busch InBev (NYSE:BUD) Profile

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. 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.

Anheuser-Busch InBev (NYSE:BUD) traded down -0.94% on 6 November, hitting $120.58. A total of 1.56M shares of the company’s stock traded hands. This is down from average of 1.72M shares. Anheuser-Busch InBev has a 52 week low of $98.28 and a 52 week high of $126.5. The company has a market cap of $205.67B and a P/E ratio of 45.33.

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