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Berenberg Bank Sticks to Their Buy Rating for Anheuser Busch InBev SA/NV (0RJI)

Tipranks - Tipranks - Wed Jan 28, 2:08AM CST

In a report released today, Javier Gonzalez Lastra from Berenberg Bank maintained a Buy rating on Anheuser Busch InBev SA/NV, with a price target of €72.00.

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According to TipRanks, Gonzalez Lastra is a 4-star analyst with an average return of 5.2% and a 56.46% success rate. Gonzalez Lastra covers the Consumer Defensive sector, focusing on stocks such as Anheuser Busch InBev SA/NV, Diageo, and Carlsberg AS.

In addition to Berenberg Bank, Anheuser Busch InBev SA/NV also received a Buy from Bernstein’s Trevor Stirling in a report issued on January 20. However, on January 9, Deutsche Bank maintained a Hold rating on Anheuser Busch InBev SA/NV (LSE: 0RJI).

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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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