Brokerages Set SABMiller plc (SAB) PT at $4,190.00
Shares of SABMiller plc (LON:SAB) have been assigned an average recommendation of “Hold” from the sixteen analysts that are covering the stock. Two investment analysts have rated the stock with a sell rating and fourteen have given a hold rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 4,173.85 ($51.70).
A number of research firms have weighed in on SAB. BNP Paribas reissued a “neutral” rating and issued a GBX 4,500 ($55.74) target price on shares of SABMiller plc in a research note on Thursday, September 15th. Beaufort Securities reissued a “buy” rating on shares of SABMiller plc in a research note on Friday, July 22nd. Kepler Capital Markets reissued a “hold” rating and issued a GBX 4,400 ($54.50) target price on shares of SABMiller plc in a research note on Tuesday, September 13th. Royal Bank Of Canada reissued a “sector performer” rating and issued a GBX 4,400 ($54.50) target price on shares of SABMiller plc in a research note on Friday, September 9th. Finally, Credit Suisse Group AG cut their target price on shares of SABMiller plc from GBX 3,300 ($40.88) to GBX 3,100 ($38.40) and set an “underperform” rating on the stock in a research note on Thursday, August 25th.
Shares of SABMiller plc (LON:SAB) opened at 4494.50 on Monday. The company has a 50-day moving average of GBX 4,419.27 and a 200-day moving average of GBX 4,328.58. SABMiller plc has a 12 month low of GBX 3,566.50 and a 12 month high of GBX 4,590.80.
SABMiller plc Company Profile
Sabmiller Limited, formerly SABMiller plc is engaged in the beer and soft drinks business. It operates through six segments: Latin America, Africa, Asia Pacific, Europe, North America and Corporate. Its Latin America brewing and beverage operations cover approximately six countries across South and Central America.
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