Deutsche Bank Maintains a 'Hold' on Anheuser-Busch InBev (BUD); Growth Still Seems Somewhat Subdued; Encouraging Return of Csh

Article Stock Quotes (1) Comments (0)

Deutsche Bank maintains a 'Hold' on Anheuser-Busch InBev (NYSE: BUD) price target raised from E46 to E51.

Deutsche analyst says, "ABI did not lift its payout ratio significantly for 2011, but held out the prospect of a move up next year and also a potential repurchase programme. That would be positive, but we believe that the underlying organic growth of the company is likely to remain under pressure in 2012, owing to a combination of cost inflation and an ongoing struggle in the core US market. Given the current valuation we see better opportunities in other Staples stocks."

For an analyst ratings summary and ratings history on Anheuser-Busch InBev click here. For more ratings news on Anheuser-Busch InBev click here.

Shares of Anheuser-Busch InBev closed at $69.56 yesterday, with a 52 week range of $49.05-$69.93.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Hewlett-Packard (HPQ) Q2 Performance Wins Praise on Wall Street; Jefferies Raises to Hold
• Canaccord Genuity Boosts Price Target on Akamai (AKAM) Citing Momentum
• Topeka Capital Upgrades Pacific Sunwear of California (PSUN) to Buy

Create E-mail Alert Related Categories

Analyst Comments, Analyst PT Change

Related Entities

Deutsche Bank

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?