Societe Generale Gives Hold Rating to SABMiller (SAB)
SABMiller (LON: SAB)‘s stock had its “hold” rating reiterated by investment analysts at Societe Generale in a note issued to investors on Monday. They currently have a $44.49 (2800 GBX) target price on the stock.
Shares of SABMiller traded down 0.87% during mid-day trading on Monday, hitting GBX 2623.50. SABMiller has a one year low of GBX 2075.00 and a one year high of GBX 2886.00. The company’s market cap is £41.617 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 Tuesday, November 13th. They now have a $47.63 price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of SABMiller in a research note to investors on Friday, November 9th. They now have a $47.13 price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of SABMiller in a research note to investors on Friday, October 19th.
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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