Goldman Sachs Assigns Neutral Outlook for Anheuser-Busch InBev

Published 2 hours agoBUD

Goldman Sachs Assigns Neutral Outlook for Anheuser-Busch InBev

Goldman Sachs has maintained a "Neutral" rating for Anheuser-Busch InBev, setting a target price of €61. This appraisal comes on the heels of the company's market share gains and progress in optimizing its balance sheet. Anheuser-Busch InBev remains a dominant player in the global beer market, boasting significant shares in the United States, Mexico, and Brazil.

Supporting these financial standings, Anheuser-Busch InBev has notably reduced its debt by roughly $40 billion since the acquisition of SABMiller in 2016, according to finance.yahoo.com. This reduction has strengthened its financial stability. The company also generates about $8 billion in free cash flow annually, which provides a robust foundation for ongoing operations and strategic initiatives.

The company’s dividend is seen as secure, aligning with industry averages with a forward price-earnings multiple slightly above 18 times. Despite recent minor stock price fluctuations, including a closing price of 65.79 USD, Anheuser-Busch InBev's financial health and market dominance leave a positive impression in the industry.

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