Grupo Santander Gives Buy Rating to SABMiller (SAB)
SABMiller (LON: SAB)‘s stock had its “buy” rating restated by equities researchers at Grupo Santander in a report issued on Thursday. They currently have a $48.22 (3000 GBX) target price on the stock.
SABMiller opened at 2750.50 on Thursday. SABMiller has a 1-year low of GBX 2034.4999 and a 1-year high of GBX 2886.00. The company’s market cap is £43.632 billion.
SAB has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of SABMiller in a research note to investors on Tuesday. They now have a $44.36 price target on the stock. Separately, 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. Finally, analysts at Exane BNP Paribas reiterated an “outperform” rating on shares of SABMiller in a research note to investors on Wednesday, September 5th. They now have a $49.21 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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