Anheuser Busch Inbev (NYSE:BUD) Rating Reiterated by JPMorgan Chase & Co.
Anheuser Busch Inbev (NYSE:BUD)‘s stock had its “neutral” rating reissued by equities research analysts at JPMorgan Chase & Co. in a research note issued on Thursday. They currently have a $79.00 target price on the consumer goods maker’s stock, down from their prior target price of $94.00. JPMorgan Chase & Co.‘s target price points to a potential upside of 0.66% from the stock’s current price.
Several other analysts have also commented on the stock. ValuEngine lowered shares of Anheuser Busch Inbev from a “sell” rating to a “strong sell” rating in a research report on Friday, October 25th. Bank of America raised shares of Anheuser Busch Inbev from a “neutral” rating to a “buy” rating in a research report on Monday, July 29th. They noted that the move was a valuation call. Zacks ...