Is Anheuser-Busch InBev SA/NV (BUD) a Sell? The Stock Formed H&S Chart Pattern

February 5, 2018 - By Louis Casey

Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.30, from 0.97 in 2017Q2. It improved, as 30 investors sold Anheuser-Busch InBev SA/NV shares while 138 reduced holdings. 63 funds opened positions while 151 raised stakes. 92.33 million shares or 3.04% more from 89.61 million shares in 2017Q2 were reported.
Lone Pine Cap Ltd Liability has invested 0.42% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Patten Gp has invested 0.05% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Westwood Gp has invested 0.08% in Anheuser-Busch InBev SA/NV (NYSE:BUD). First Republic Inv Mgmt holds 0.13% or 156,281 shares. Beese Fulmer Inv Management Inc stated it has 0.14% in Anheuser-Busch InBev SA/NV (NYSE:BUD). 9,081 were reported by Parsons Incorporated Ri. The New York-based Cramer Rosenthal Mcglynn Ltd Liability Corp has invested 0.33% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Benedict Fincl Advsr owns 0.71% invested in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 11,649 shares. Ashfield Capital Prtn Lc owns 35,975 shares. Haverford Fincl, a Pennsylvania-based fund reported 65,612 shares. Rhenman & Partners Asset Management invested in 0.04% or 2,806 shares. First Corp In has invested 0.05% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Toronto Dominion Natl Bank reported 8,252 shares. Gp One Trading Ltd Partnership has 58,181 shares for 0.06% of their portfolio. Connecticut-based Wright Investors Service has invested 0.41% in Anheuser-Busch InBev SA/NV (NYSE:BUD).

The stock of Anheuser-Busch InBev SA/NV (BUD) formed H&S with $102.25 target or 7.00 % below today’s $109.95 share price. The 7 months Head & Shoulders indicates high risk for the $201.98 billion company. It was reported on Feb, 5 by Faxor.com. If the $102.25 price target is reached, the company will be worth $14.14B less.
Head-and-shoulders are one of the best chart patterns to trade. They work in bear and bull markets and according to many researchers have very low failure rate. Even thought they have high pullback rate, such patters usually provide good risk-reward entry opportunities. The percentage of stocks meeting price targets is 55%.

The stock decreased 1.62% or $1.81 during the last trading session, reaching $109.95. About 706,932 shares traded. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 3.55% since February 5, 2017 and is downtrending. It has underperformed by 20.25% the S&P500.

Analysts await Anheuser-Busch InBev SA/NV (NYSE:BUD) to report earnings on March, 1. They expect $1.25 EPS, up 190.70 % or $0.82 from last year’s $0.43 per share. BUD’s profit will be $2.30B for 21.99 P/E if the $1.25 EPS becomes a reality. After $1.31 actual EPS reported by Anheuser-Busch InBev SA/NV for the previous quarter, Wall Street now forecasts -4.58 % negative EPS growth.

Anheuser-Busch InBev SA/NV (NYSE:BUD) Ratings Coverage

Among 22 analysts covering Anheuser-Busch InBev (NYSE:BUD), 14 have Buy rating, 2 Sell and 6 Hold. Therefore 64% are positive. Anheuser-Busch InBev has $157 highest and $100 lowest target. $123.19’s average target is 12.04% above currents $109.95 stock price. Anheuser-Busch InBev had 44 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) has “Outperform” rating given on Tuesday, September 8 by RBC Capital Markets. On Monday, October 3 the stock rating was initiated by Liberum Capital with “Buy”. As per Friday, May 5, the company rating was maintained by Susquehanna. HSBC downgraded the stock to “Hold” rating in Monday, November 14 report. Jefferies maintained the stock with “Buy” rating in Tuesday, June 27 report. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, October 5. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) has “Underweight” rating given on Tuesday, December 5 by JP Morgan. The firm has “Hold” rating by ING Group given on Wednesday, August 26. BNP Paribas upgraded the shares of BUD in report on Monday, November 16 to “Outperform” rating. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) has “Buy” rating given on Tuesday, July 21 by Sterne Agee CRT.

More notable recent Anheuser-Busch InBev SA/NV (NYSE:BUD) news were published by: Fool.com which released: “The Coca-Cola Co. or Anheuser Busch Inbev SA (ADR): Better Dividend Investment?” on April 14, 2016, also Fool.com with their article: “Is Anheuser-Busch InBev Damaging Its Own Beer Sales?” published on September 08, 2017, Investorplace.com published: “Anheuser Busch Inbev SA NV (ADR): BUD Selling Off Brands for $7.8B” on December 13, 2016. More interesting news about Anheuser-Busch InBev SA/NV (NYSE:BUD) were released by: Fool.com and their article: “Better Buy: American Outdoor Brands Corp vs. Anheuser Busch InBev NV (ADR)” published on August 12, 2017 as well as Investorplace.com‘s news article titled: “Anheuser Busch Inbev SA NV (ADR) (BUD) Is the King of Sin Stocks” with publication date: November 16, 2016.

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