Now the company plans to create even more affordable brews using locally sourced ingredients such as cassava-a root vegetable that yields a rich starch-in place of more expensive imported alternatives such as maize. They now have a “reduce” rating on the stock. The brokerage now has an “underperform” rating on the stock. Anheuser-Busch InBev has gained 3.02% year-to-date with a Thursday closing price of $115.43. Nomura downgraded shares of Anheuser Busch Inbev SA from a buy rating to a neutral rating in a report on Monday, July 20th.
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9/16/2015 – Anheuser Busch Inbev SA had its “buy” rating reaffirmed by analysts at Evercore ISI. RBC Capital Mkts have set their target price at 100 Dollars on its stock. They now have an “outperform” rating on the stock. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock.
8/12/2015 – Anheuser Busch Inbev SA was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating.
Anheuser Busch Inbev SA (NYSE:BUD) traded down 2.97% on Thursday, reaching $107.18. Anheuser Busch Inbev SA has a 12-month low of $102.21 and a 12-month high of $129.24.
A case in point was the announcement on August . 19 that Kirin had been the successful bidder in the $560 million sale of a 55% stake in Myanmar Brewery, which has an 80% market share in Myanmar. The company reported $1.21 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.35 by $0.14. In the second quarter, sales growth was down slightly, decreasing 9% from the comparable quarter a year ago. During the same period in the previous year, the firm posted $1.60 earnings per share.
Weakening economies in Brazil and China, two of the growth engines for brewers in recent years, may have hastened AB InBev’s approach, according to Colbert.
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Many industry experts believe that the companies are being pushed into consolidation by eroding market share and competition from craft beer makers who make up for 11 percent of the total volumes in the U.S. markets. Some may call this sheer bad luck, where the company, in spite of having a world class product portfolio, has been subjected to losses in light of a slowdown in markets across Asia and Latin America, changing tastes and preferences in markets such as the US , tough economic conditions across Europe, and currency headwinds. The Company also produces and distributes soft drinks, particularly in Latin America. The largest brewer on the African continent, now based in the United Kingdom , it has been buying up local African brands, ranging from the more affordable Chibuku Shake Shake in Malawi and Eagle in Uganda, Tanzania, and Zimbabwe to such premium brands as Nile Special and Mosi.
