Anheuser-Busch InBev SA/NV ( BUD ) was a big mover last session, as the company saw its shares rise over 5% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $118.41 to $126.17 in the past one-month time frame.
In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.
Anheuser-Busch InBev SA/NV currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
An attractive stock in the same industry worth considering includes Ambev S.A. ( ABEV ) carrying a Zacks Rank #2 (Buy). Is BUD going up? Or down? Predict to see what others think: Up or Down
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
ANHEUSER-BU ADR (BUD): Free Stock Analysis Report
AMBEV-PR ADR (ABEV): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
