Posted by Joyce Ramirez on May 13th, 2018
https://ledgergazette.com/2018/05/13/sanford-c-bernstein-reiterates-122-00-price-target-for-anheuser-busch-inbev-bud.html
Sanford C. Bernstein set a $122.00 price target on Anheuser-Busch InBev (NYSE:BUD) in a report published on Thursday morning. The firm currently has a buy rating on the consumer goods maker’s stock.
Several other brokerages have also recently commented on BUD. Jefferies Group set a $134.00 target price on shares of Anheuser-Busch InBev and gave the stock a buy rating in a report on Thursday, January 11th. Zacks Investment Research upgraded shares of Anheuser-Busch InBev from a strong sell rating to a hold rating in a report on Friday, January 12th. Deutsche Bank upgraded shares of Anheuser-Busch InBev from a hold rating to a buy rating in a report on Wednesday, January 17th. JPMorgan Chase reduced their target price on shares of Anheuser-Busch InBev from $106.68 to $98.72 and set an underweight rating for the company in a report on Thursday, February 15th. Finally, ValuEngine cut shares of Anheuser-Busch InBev from a hold rating to a sell rating in a report on Monday, April 23rd. Four analysts have rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. Anheuser-Busch InBev currently has an average rating of Hold and a consensus price target of $122.79.
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