Anheuser-Busch traded at 71.64 this Friday July 24th, increasing 0.82 or 1.16 percent since the previous trading session. Looking back, over the last four weeks, Anheuser-Busch gained 2.90 percent. Over the last 12 months, its price rose by 20.20 percent. Looking ahead, we forecast Anheuser-Busch to be priced at 70.04 by the end of this quarter and at 65.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 400 beer brands. The Company's brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck's, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler, among others. The Company's soft drinks business consists of both own production and agreements with PepsiCo related to bottling and distribution arrangements between its various subsidiaries and PepsiCo. Ambev, which is a subsidiary of the Company, is a PepsiCo bottler. Brands that are distributed under these agreements are Pepsi, 7UP and Gatorade.