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Anheuser-Busch Inbev Sa (BUD) Gets a Buy from Evercore ISI

Tipranks - Thu Apr 16, 8:38AM CDT

In a report released today, Robert Ottenstein from Evercore ISI maintained a Buy rating on Anheuser-Busch Inbev Sa, with a price target of $100.00.

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According to TipRanks, Ottenstein is a 3-star analyst with an average return of 1.8% and a 52.02% success rate. Ottenstein covers the Consumer Defensive sector, focusing on stocks such as Anheuser-Busch Inbev Sa, Constellation Brands, and Molson Coors.

In a report released on April 8, Wells Fargo also maintained a Buy rating on the stock with a $88.00 price target.

Based on Anheuser-Busch Inbev Sa’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $29.5 billion and a net profit of $3.01 billion. In comparison, last year the company earned a revenue of $29.89 billion and had a net profit of $3.29 billion

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