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Barclays Remains a Buy on Anheuser Busch InBev SA/NV (0RJI)

Tipranks - Tipranks - Tue Feb 3, 12:34PM CST

In a report released today, Laurence Whyatt from Barclays maintained a Buy rating on Anheuser Busch InBev SA/NV, with a price target of €94.00.

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According to TipRanks, Whyatt is a 3-star analyst with an average return of 2.1% and a 46.33% success rate. Whyatt covers the Consumer Defensive sector, focusing on stocks such as Davide Campari-Milano SpA, Diageo, and Remy Cointreau.

In a report released on January 27, Berenberg Bank also maintained a Buy rating on the stock with a €72.00 price target.

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Based on Anheuser Busch InBev SA/NV’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €30.71 billion and a net profit of €4.1 billion. In comparison, last year the company earned a revenue of €15.33 billion and had a net profit of €1.47 billion

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