SABMiller plc (SAB) Receives Neutral Rating from BNP Paribas
BNP Paribas reiterated their neutral rating on shares of SABMiller plc (LON:SAB) in a research note released on Thursday morning. The brokerage currently has a GBX 4,500 ($58.74) target price on the stock.
Several other brokerages have also commented on SAB. Societe Generale restated a hold rating on shares of SABMiller plc in a research note on Tuesday, June 28th. Kepler Capital Markets reaffirmed a hold rating and set a GBX 4,400 ($57.43) price objective on shares of SABMiller plc in a research report on Thursday, May 19th. Credit Suisse Group AG reaffirmed a restricted rating on shares of SABMiller plc in a research report on Friday, July 8th. Beaufort Securities downgraded SABMiller plc to a hold rating in a research report on Thursday, July 28th. Finally, Canaccord Genuity reaffirmed a hold rating and set a GBX 4,400 ($57.43) price objective on shares of SABMiller plc in a research report on Thursday, July 7th. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 4,114.44 ($53.71).
Shares of SABMiller plc (LON:SAB) opened at 4442.50 on Thursday. The stock’s market cap is GBX 71.52 billion. SABMiller plc has a 52-week low of GBX 3,467.50 and a 52-week high of GBX 4,590.80. The stock’s 50 day moving average is GBX 4,392.76 and its 200 day moving average is GBX 4,309.58.
SABMiller plc Company Profile
SABMiller plc (SABMiller) is a holding company, which has brewing and beverage operations across five regions. The Company, together with its subsidiaries, is engaged in the manufacture, distribution and sale of beverages. It operates in six segments: Latin America, Africa, Asia Pacific, Europe, North America and Corporate.
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