Finance experts set Bud Light stock price for the end of 2023

“AB InBev, which resulted from the merger between Anheuser-Busch and InBev, distributes over 500 beer brands worldwide.”

Full quote provided:

“I doubt the culture war will affect AB InBev in the long run. AB InBev, which resulted from the merger between Anheuser-Busch and InBev, distributes over 500 beer brands worldwide. North America accounts for roughly 28% of sales. As shown in videos posted by irritated consumers, they pledged to switch to a beer brand that was also owned by AB InBev. AB InBev has much more exposure to economic factors than political controversy. The stock market outlook is highly uncertain as it faces headwinds both from the economy and higher interest rates due to inflation. AB InBev’s global footprint only complicates matters. Before seeing much higher stock prices, I’d predict that BUD will increase its dividend. Prior to 2020, their divided hovered around 3%, but this began to decrease in 2019.”

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