Economy

JPMorgan Chase Trims Anheuser-Busch InBev (BUD) Target Price to $96.28

JPMorgan Chase Trims Anheuser-Busch InBev (BUD) Target Price to $96.28

Jefferies Group set a $134.00 price target on shares of Anheuser-Busch InBev and gave the company a "buy" rating in a report on Thursday, January 11th. Anheuser-Busch InBev had a net margin of 14.17% and a return on equity of 19.47%.

The stock decreased 1.27% or $0.81 during the last trading session, reaching $62.94. About 44.34 million shares traded. Delta Air Lines, Inc. It has underperformed by 62.81% the S&P500. The company has market cap of $32.48 million. Seatown Holdings who had been investing in Anheuser Busch Inbev Sa/Nv for a number of months, seems to be less bullish one the $200.95B market cap company. Levin Strategies LP invested 0.57% in Lowe's Companies, Inc. The company had a trading volume of 668,850 shares. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 3.50% since April 14, 2017 and is downtrending. BUDFF underperformed the S&P500 by 11.55%. It also increased its holding in Dollar Tree Inc (NASDAQ:DLTR) by 36,950 shares in the quarter, for a total of 95,250 shares, and has risen its stake in Citigroup Inc (NYSE:C).

Anheuser-Busch InBev (NYSE:BUD) had its target price decreased by JPMorgan Chase from $102.48 to $96.28 in a report published on Wednesday. BUD's profit would be $1.80 billion giving it 27.90 P/E if the $0.94 EPS is correct.

Big Money Sentiment decreased to 0.96 in Q4 2017. HSBC Holdings plc reissued a "hold" rating on shares of Anheuser Busch Inbev NV in a research note on Sunday, December 4th. San Francisco Sentry Investment Group CA increased its stake in shares of Anheuser-Busch InBev by 138.5% during the 4th quarter. Finally, US Bancorp DE grew its stake in Anheuser-Busch InBev by 2.3% in the 4th quarter. Peapack Gladstone Financial has 147,150 shares. Nebraska-based Pittenger Anderson has invested 0.15% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Sg Americas Ltd Liability Com accumulated 40,707 shares. Gamble Jones Invest Counsel reported 25,619 shares. Sterling Inv Mngmt stated it has 11,840 shs. Endurance Wealth owns 115 shares for 0% of their portfolio.

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Large investors have recently bought and sold shares of the stock. Sg Americas Secs holds 0.04% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 40,707 shares. Advsrs Capital Mgmt Ltd Co holds 0.3% or 33,943 shares in its portfolio. Davenport Limited Liability Corp reported 0.76% stake. The fund owned 76,865 shares of the consumer goods maker's stock after selling 6,659 shares during the period. Keystone Financial Planning reported 16,275 shares. The business's revenue was up 2.8% on a year-over-year basis. equities research analysts expect that Anheuser-Busch InBev will post 5.06 earnings per share for the current fiscal year. Therefore 88% are positive. Wetherby Asset Management Inc. now owns 9,316 shares of the company's stock worth $1,226,000 after buying an additional 415 shares during the last quarter. Scynexis Inc had 14 analyst reports since August 20, 2015 according to SRatingsIntel. The firm earned "Neutral" rating on Monday, October 31 by PiperJaffray. First Allied Advisory Services stated it has 0.01% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). On Tuesday, December 5 the company was downgraded by JP Morgan. The company has a market capitalization of $174.54 billion and a P/E ratio of 57.93. Susquehanna upgraded the shares of BUD in report on Wednesday, February 28 to "Buy" rating.

Carnival Corp (CCL) investors sentiment increased to 1.22 in Q4 2017. Its down 0.04, from 1.15 in 2017Q3. Parkwood Ltd Liability invested in 66,570 shares or 1.01% of the stock. 104 funds opened positions while 251 raised stakes. Meiji Yasuda Life has 3,900 shares.

Suntrust Banks Inc holds 13.72% of its portfolio in Carnival Corporation for 38.58 million shares. (NYSE:DAL) for 26,548 shares. (NYSE:DAL) or 130,246 shares. Emerging Sovereign Ltd Liability Corporation invested in 5.68% or 223,587 shares. Beach Point Capital Mgmt LP holds 2.58% or 192,106 shares. 53,200 were reported by Hennessy Advsrs. (NYSE:DAL) for 34,288 shares. Jarislowsky Fraser Limited invested in 556,493 shares. Lee Danner And Bass owns 110,575 shares or 0.63% of their U.S. portfolio. Pecaut & Company accumulated 16,685 shares. Asset Mngmt Inc has 8,740 shares for 0.07% of their portfolio. "Buy" rating has 4, "Sell" are 1, while 0 are "Hold". Therefore 70% are positive. Delta Air Lines had 74 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has "Buy" rating by WBB Securities given on Tuesday, August 9. The company was maintained on Thursday, February 15 by JP Morgan. JPMorgan Chase now has an underweight rating on the consumer goods maker's stock. Meridian holds 15,601 shs. As per Tuesday, June 27, the company rating was maintained by Jefferies. Stifel Nicolaus maintained Delta Air Lines, Inc. The company was downgraded on Thursday, March 2 by Bank of America. The stock of Delta Air Lines, Inc. The firm has "Buy" rating given on Wednesday, January 24 by Stifel Nicolaus. (NASDAQ:MU) on Friday, June 30 with "Buy" rating.

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