Susquehanna Thinks Anheuser-Busch Inbev Sa’s Stock is Going to Recover

By Carrie Williams

Susquehanna analyst Pablo Zuanic reiterated a Buy rating on Anheuser-Busch Inbev Sa (BUDResearch Report) today and set a price target of $84. The company’s shares closed on Friday at $69.09, close to its 52-week low of $64.55.

Zuanic wrote:

“During 2018 BUD $ EBITDA likely remained flat as per consensus (SIG -3%), and for 2019 consensus sees 3% growth (SIG +1%).”

According to TipRanks.com, Zuanic is a 4-star analyst with an average return of 3.5% and a 46.6% success rate. Zuanic covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, Constellation Brands Inc, and Craft Brewers Alliance.

Anheuser-Busch Inbev Sa has an analyst consensus of Moderate Buy, with a price target consensus of $82.50.

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The company has a one-year high of $117.06 and a one-year low of $64.55. Currently, Anheuser-Busch Inbev Sa has an average volume of 2.12M.

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