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RBC Capital Keeps Their Buy Rating on Anheuser Busch InBev SA/NV (0RJI)

Tipranks - Tipranks - Thu Mar 19, 2:46AM CDT

In a report released today, James Edwardes Jones from RBC Capital maintained a Buy rating on Anheuser Busch InBev SA/NV, with a price target of €79.00.

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According to TipRanks, Edwardes Jones is a 4-star analyst with an average return of 4.4% and a 66.17% success rate. Edwardes Jones covers the Consumer Defensive sector, focusing on stocks such as Diageo, Reckitt, and Heineken NV.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Anheuser Busch InBev SA/NV with a €76.55 average price target.

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Based on Anheuser Busch InBev SA/NV’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €30.91 billion and a net profit of €3.03 billion. In comparison, last year the company earned a revenue of €14.84 billion and had a net profit of €1.22 billion

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