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 published on Thursday morning. The brokerage currently has a GBX 4,500 ($58.74) price target on the stock.
A number of other research firms have also commented on SAB. Societe Generale restated a hold rating on shares of SABMiller plc in a research report on Tuesday, June 28th. Kepler Capital Markets reiterated a hold rating and set a GBX 4,400 ($57.43) target price on shares of SABMiller plc in a research report on Thursday, May 19th. Credit Suisse Group AG reiterated a restricted rating on shares of SABMiller plc in a research report on Friday, July 8th. Beaufort Securities lowered shares of SABMiller plc to a hold rating in a research report on Thursday, July 28th. Finally, Canaccord Genuity reiterated a hold rating and set a GBX 4,400 ($57.43) target price 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 issued a hold rating and one has assigned a buy rating to the stock. SABMiller plc currently has a consensus rating of Hold and a consensus price target of GBX 4,114.44 ($53.71).
Shares of SABMiller plc (LON:SAB) opened at 4442.50 on Thursday. The company’s market capitalization is GBX 71.52 billion. SABMiller plc has a 1-year low of GBX 3,467.50 and a 1-year high of GBX 4,590.80. The stock has a 50 day moving average of GBX 4,392.76 and a 200-day moving average of GBX 4,309.58.
About SABMiller plc
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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