UBS Group set a €63.00 ($74.12) target price on Anheuser-Busch InBev SA/NV (EBR:ABI) in a research report sent to investors on Monday, Borsen Zeitung reports.
A number of other analysts also recently issued reports on ABI. Berenberg Bank set a €78.00 ($91.76) price target on Anheuser-Busch InBev SA/NV and gave the stock a buy rating in a report on Friday, May 7th. Sanford C. Bernstein set a €74.00 ($87.06) price target on Anheuser-Busch InBev SA/NV in a report on Friday, July 16th. Kepler Capital Markets set a €77.00 ($90.59) target price on Anheuser-Busch InBev SA/NV and gave the company a buy rating in a report on Friday, June 18th. JPMorgan Chase & Co. set a €65.00 ($76.47) target price on Anheuser-Busch InBev SA/NV in a report on Wednesday, July 7th. Finally, Royal Bank of Canada set a €76.00 ($89.41) target price on Anheuser-Busch InBev SA/NV and gave the company a buy rating in a report on Thursday, June 17th. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Anheuser-Busch InBev SA/NV presently has an average rating of Hold and a consensus target price of €67.69 ($79.64).
Anheuser-Busch InBev SA/NV has a one year low of €82.03 ($96.51) and a one year high of €110.10 ($129.53).
Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.
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