Analyst Sarah Simon of Morgan Stanley maintained a Buy rating on Anheuser Busch InBev SA/NV (0RJI – Research Report), retaining the price target of €61.50.
Sarah Simon’s rating is based on Anheuser Busch InBev’s strong financial performance and positive outlook. The company reported a significant increase in EBITDA growth, surpassing market expectations, and demonstrated a robust earnings per share performance. These results indicate a solid financial standing and effective cost management strategies, which are likely to enhance shareholder value.
Furthermore, the company’s guidance for the upcoming fiscal year aligns with its medium-term growth objectives, suggesting continued stability and potential for further financial improvements. The reduction in net debt and a notable dividend increase underscore the company’s strong cash flow and confident outlook. These factors collectively contribute to the Buy rating, reflecting optimism about Anheuser Busch InBev’s future performance.
In another report released today, Bernstein also maintained a Buy rating on the stock with a €71.00 price target.