Anheuser-Busch Companies, Inc. (BUD) is a brewing company founded and based in St. Louis, Missouri. Since 2008 it has been a wholly owned subsidiary of Anheuser-Busch InBev (AB InBev). The company operates 12 breweries in the United States. Until December 2009, it also was one of the largest theme park operators in the United States, operating ten theme parks through the company's family entertainment division, Busch Entertainment Corporation. St. Louis, Missouri is also the headquarters for the AB InBev North America unit.
Upcoming dividend information: Ex-Div-Date: 11/14/16 Payment Date: 12/8/16 Dividend: $1.38 Current Price: $112.09 Annual Yield: 2.88%
Analyst Upgrade/Downgrade Update Brokerage firm: HSBC Securities Change: Downgrade Previous Rating: Buy Current Rating: Hold Previous Price Target: N/A Current Price Target: N/A
BUD is looking interesting at this level. It appears to have about 5 trading days of consolidation at the 100 to 103 range. Good company that is not doing so well during this bull run but is well enough known with a good moat that it won't stay down. Current analyst rating is a buy with average target of 124.75.
I really like the stock long term, even with the possible fallout of a trade war. $104.74 is the mark to watch for into the end of next year. The more times it re-tests $96.45 to $104.74 from Labor Day 2018 and into December 2019, the more reason there is to like the stock. June of next year marks an important reversal date for the stock -- new uptrend or a continuation of the downtrend off the highs. I`d be a buyer on a print above $106.60 or on multiple re-tests of $102.20.
deceptive advertising??....if it doesn't have corn syrup, then it doesn't have corn syrup and it can be advertised just like "organic" labels I'm no fan of either company, but this is a crock of shit Anheuser-Busch barred from using ‘no corn syrup’ labels https://www.cnbc.com/2019/09/04/anheuser-busch-barred-from-using-no-corn-syrup-labels.html
