Anheuser Busch Inbev SA Rating Increased to Outperform at Credit Agricole (BUD)

Anheuser Busch Inbev SA (NYSE:BUD) was upgraded by Credit Agricole from an "underperform" rating to an "outperform" rating in a research note issued on Monday, Market Beat Ratings reports. They invest the majority of their brand-building resources on their Focus Brands - those with the greatest growth potential such as global brands Budweiser?, Stella Artois? and Beck?s?, alongside Leffe?, Hoegaarden?, Bud Light?, Skol?, Brahma?, Antarctica?, Quilmes?, Michelob Ultra?, Harbin?, Sedrin?, Klinskoye?, Sibirskaya Korona?, Chernigivske?, Hasseroder? and Jupiler?. Anheuser Busch Inbev SA has a consensus rating of "Hold" and a consensus price target of $129.61. The 50-Day Moving Average price is $112.21 and the 200 Day Moving Average price is recorded at $118.25. AB InBev spent more than $1 billion in that deal, far more than Coors previously paid for the sponsorship, the Associated Press reported at the time. Finally, Stifel Nicolaus lowered their target price on shares of Anheuser Busch Inbev SA from $143.00 to $139.00 and set a "buy" rating on the stock in a research note on Friday, July 31st.

Squadra Investments holds 47.06% of its portfolio in Anheuser Busch Inbev SA (ADR) for 220,030 shares. The 1-week percentage change for the stock price is registered at -0.13%.A block transaction occurred with $2.1 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. Emerging Sovereign Group Llc is another quite bullish fund who is possessing 1.83 million shares of Anheuser-Busch InBev or 8.02% of their stock exposure.

A number of other brokerages have also weighed in on BUD.

The brand's parent company, Anheuser-Busch InBev, extended its current deal, which is slated to expire at the end of the 2016-17 season, for another six years through the 2022 season. The market capitalization of the company is $191.70 billion with the total outstanding shares of 1.60 billion.

Anheuser Busch Inbev SA (NYSE:BUD) opened at 118.81 on Wednesday. On average, analysts predict that Anheuser Busch Inbev SA will post $5.11 EPS for the current year.

Tata Motors Limited (TTM) of the Consumer Goods is up 1.77% this morning at $30.41 and 203799 shares.

The company also recently announced a dividend, which will be paid on Monday, November 30th.

Anheuser-Busch Inbev SA (NYSE:BUD) witnessed a decline in the market cap on Tuesday as its shares dropped 0.63% or 0.75 points. The ex-dividend date is Friday, November 6th. The Company markets, produces, distributes and sells a portfolio of roughly 200 beer and other malt drink brands. The Organization also produces and distributes soft drinks, especially in Latin America, and other near beer goods, including Limearita and other Rita family goods, in the US along with other nations. The Company operates in seven segments: North America, Latin America North, Latin America South, Western Europe, Central & Eastern Europe, Asia Pacific and Global Export & Holding Companies.