Sanford C. Bernstein Reaffirms market perform Rating on SABMiller (SAB)
SABMiller (LON: SAB)‘s stock had its “market perform” rating reiterated by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Thursday. They currently have a $48.39 (3020 GBX) price target on the stock.
A number of other analysts have also recently weighed in on SAB. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of SABMiller in a research note to investors on Tuesday. They now have a $44.32 price target on the stock. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of SABMiller in a research note to investors on Thursday, December 13th. They now have a $50.03 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 Tuesday, November 27th. They now have a $48.09 price target on the stock.
Shares of SABMiller opened at 2918.00 on Thursday. SABMiller has a one year low of GBX 2274.00 and a one year high of GBX 2921.00. The stock’s 50-day moving average is currently GBX 2739.. The company’s market cap is £46.338 billion.
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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