SABMiller plc Given Buy Rating at Berenberg Bank (SBMRY)
A number of other analysts have also recently weighed in on SBMRY. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of SABMiller plc in a research note to investors on Wednesday. Separately, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of SABMiller plc in a research note to investors on Wednesday, February 27th.
Three analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $60.00.
Shares of SABMiller plc (NASDAQ: SBMRY) traded up 0.72% during mid-day trading on Friday, hitting $52.17. SABMiller plc has a 52 week low of $36.15 and a 52 week high of $53.29. The stock’s 50-day moving average is currently $50.68. The company has a market cap of $82.846 billion and a P/E ratio of 18.79.
SABMiller plc is a holding company. It has brewing and beverage interests across six continents: Latin America, Europe, North America, Africa, Asia and South Africa.
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