Barclays Capital Gives Overweight Rating to SABMiller (SAB)
SABMiller (LON: SAB)‘s stock had its “overweight” rating restated by equities researchers at Barclays Capital in a report issued on Monday. They currently have a $45.00 (2800 GBX) target price on the stock.
SABMiller opened at 2677.00 on Monday. SABMiller has a 1-year low of GBX 2075.00 and a 1-year high of GBX 2886.00. The company’s market cap is £42.466 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Grupo Santander reiterated a “buy” rating on shares of SABMiller in a research note to investors on Thursday, October 4th. They now have a $48.22 price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of SABMiller in a research note to investors on Tuesday, October 2nd. They now have a $44.36 price target on the stock. Finally, analysts at Nomura reiterated a “reduce” rating on shares of SABMiller in a research note to investors on Friday, September 21st. They now have a $41.94 price target on the stock.
SABMiller plc is a holding company which has brewing and beverage interests across six continents. The Company is engaged in manufacture, distribution and sale of beverages.
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