Anheuser-Busch InBev N.V. ADS

  • TickerA0N916
  • ISINUS03524A1088
  • ExchangeFrankfurt Stock Exchange
  • SectorBeverages
  • CountryBelgium

Analysts

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

Research Department

INFORME DIARIO 25 JULIO (ANÁLISIS BANCO SABADELL)

INFORME DIARIO 25 JULIO (ANÁLISIS BANCO SABADELL)

Research Department

INFORME DIARIO 22 JULIO (ANÁLISIS BANCO SABADELL)

INFORME DIARIO 22 JULIO (ANÁLISIS BANCO SABADELL)

Nikolaas Faes

AB INBEV: Getting its act together | BUY - TOP PICKS | EUR100(+37%)

AB INBEV - BUY - TOP PICKS | EUR100(+37%) Getting its act together Successful investor conference Improvement in US market share likely to continue There is nothing better than a Happy Hour on a Monday evening

Philip Gorham

Morningstar | Asahi Goes Down Under, but Deal Looks Marginally Better for AB InBev

Asahi is to acquire Carlton & United Breweries for JPY 1.2 trillion ($11.3 billion) from Anheuser-Busch InBev in a deal we think is financially slightly better for AB InBev than for Asahi. Nevertheless, the valuation effect appears negligible, and we are maintaining our fair value estimates for both companies. From Asahi’s perspective, we were surprised by this development because the deal is much larger than the bolt-on acquisitions that management had previously expressed interest in. We believe Asahi is eyeing the opportunity to leverage Carlton & United Breweries' production capacity and ...

Philip Gorham

Asahi Goes Down Under but Deal Looks Marginally Better for AB InBev

Asahi is to acquire Carlton & United Brewers for JPY 1.2 trillion ($11.3 billion) from AB InBev in a deal we think is financially slightly better for AB InBev than for Asahi. Nevertheless, the valuation effect appears negligible, and we are maintaining our fair value estimates for both companies. From Asahi’s perspective, we were surprised by this development because the deal is much larger than the bolt-on acquisitions that management had previously expressed interest in. We believe Asahi i...

Arancha Pineiro

AB INBEV: ANUNCIA VENTA DE CUB EN AUSTRALIA (ANÁLISIS BANCO SABADELL)

AB INBEV: ANUNCIA VENTA DE CUB EN AUSTRALIA (ANÁLISIS BANCO SABADELL)

Philip Gorham

Morningstar | ABI Pulls Asia IPO as Investors Balk at Rich Valuation

AB InBev pulled its planned IPO of its Asia business, blaming "prevailing market conditions" for its decision. This is clearly a setback for shareholders hoping the company would accelerate its balance-sheet deleveraging, but we applaud management for holding out for a value-creating price. As we had not adjusted our valuation for the potential IPO, we reiterate our $126 fair value estimate for the ADRs. It seems unlikely AB InBev will revisit the planned IPO soon because it is difficult to see what would change investors' minds on the valuation. In our initial valuation estimate, we estimate...

Philip Gorham

ABI Pulls Asia IPO as Investors Balk at Rich Valuation

AB InBev pulled its planned IPO of its Asia business, blaming "prevailing market conditions" for its decision. This is clearly a setback for shareholders, hoping the company would accelerate its balance sheet deleveraging, but we applaud management for holding out for a value-creating price. As we had not adjusted our valuation for the potential IPO, we reiterate our $126 fair value estimate for the ADRs. It seems unlikely AB InBev will revisit the planned IPO soon because it is difficult to see...

Alexandre Iatrides ...
  • Antoine Boivin-Champeaux
  • Fatma Agnès Hamdani
  • Johanna Jourdain
  • Louis Boujard
  • Matthias Desmarais
  • Olivier Lebrun
  • Philippe Ourpatian
  • Vincent Maulay
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 09/07/2018

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Alexandre Iatrides ...
  • Antoine Boivin-Champeaux
  • Fatma Agnès Hamdani
  • Johanna Jourdain
  • Louis Boujard
  • Matthias Desmarais
  • Olivier Lebrun
  • Philippe Ourpatian
  • Vincent Maulay
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 07/09/2018

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Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Baptiste Lebacq
  • Benoit Valleaux
  • Christophe Chaput
  • Delphine Brault
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • François Maury
  • Georges Dieng
  • Jean-François Granjon
  • Johanna Jourdain
  • Laurence Hofmann
  • Léopold Authié
  • Louis Boujard, CFA
  • Matthias Desmarais
  • Nicolas Kieffer
  • Nicolas David
  • Olfa Taamallah
  • Olivier Lebrun
  • Oussema Denguir
  • Philippe Ourpatian
  • Pierre Corby
  • Pierre Tegner
  • Roland Pfaender,MBA,CFA,CCRA
  • Salma Bouraoui
  • Sven Edelfelt
  • Sylvain Goyon, CFA
  • Thomas Zlowodzki
  • Vincent Maulay
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/27/2018

Which stocks should be picked over the summer? We have sought to answer this question by screening the Stoxx 600 using simple criteria: buy stocks with positive 1m, 3m and 6m EPS revision and that are not expensive (maximum premium of 20% on P/E and P/B) relative to their respective sectors. We have selected stocks on which our analysts have Buy recommendations and our chart analyst (Rémy Colombero) has a positive opinion: Ahold, Aegon, Alten, Arkema, Eiffage and Ipsen. Applying a sym...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Baptiste Lebacq
  • Benoit Valleaux
  • Christophe Chaput
  • Delphine Brault
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • François Maury
  • Georges Dieng
  • Jean-François Granjon
  • Johanna Jourdain
  • Laurence Hofmann
  • Léopold Authié
  • Louis Boujard, CFA
  • Matthias Desmarais
  • Nicolas Kieffer
  • Nicolas David
  • Olfa Taamallah
  • Olivier Lebrun
  • Oussema Denguir
  • Philippe Ourpatian
  • Pierre Corby
  • Pierre Tegner
  • Salma Bouraoui
  • Sven Edelfelt
  • Sylvain Goyon, CFA
  • Thomas Zlowodzki
  • Vincent Maulay
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 27/07/2018

Quels titres favoriser pour l’été ? Nous avons tenté de répondre à cette question en criblant sur des critères simples le Stoxx 600 : acheter les titres qui connaissent une dynamique de révision de BPA positive à 1m, 3m et 6m et qui ne sont pas « chers » (prime maximale de 20% en P/E et P/B) par rapport à leurs secteurs de rattachement respectifs. Nous retenons les titres recommandés à l’Achat par nos analystes et pour lesquels notre chartiste (R. Colombero) a une opinion positive : A...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emira Sagaama
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • François Maury
  • Hela Zarrouk
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard, CFA
  • Matthias Desmarais
  • Michael Foundoukidis
  • Nicolas David
  • Olivier Lebrun
  • Oussema Denguir
  • Philippe Ourpatian
  • Pierre Tegner
  • Pierre Corby
  • Rémi Adam, CFA
  • Stephane Houri
  • Steven Gould
  • Veysel Taze
  • Vincent Maulay

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/26/2018

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ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

ValuEngine Rating and Forecast Report for BUD

Nikolaas Faes ...
  • Virginie Roumage

Spirits Top Picks for Q2 2019: Rémy Cointreau and ABI

Spirits Top Picks for Q2 2019: Rémy Cointreau and ABI Looking back at Q1: beer +4.9% vs spirits +3.3% (vs DJ Stoxx) What we see for Q2: Q1 releases expected to show a slowdown Conclusion: Rémy Cointreau… …and ABI are preferred

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

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