SABMiller plc (SAB) Stock Rating Reaffirmed by BNP Paribas
SABMiller plc (LON:SAB)‘s stock had its “neutral” rating reissued by equities research analysts at BNP Paribas in a report released on Thursday. They currently have a GBX 4,500 ($59.94) price target on the stock. BNP Paribas’ price objective would suggest a potential upside of 1.35% from the company’s current price.
Several other equities research analysts also recently issued reports on SAB. Kepler Capital Markets reiterated a “hold” rating and set a GBX 4,400 ($58.60) price target on shares of SABMiller plc in a report on Tuesday, September 13th. Royal Bank Of Canada reiterated a “sector performer” rating and set a GBX 4,400 ($58.60) price target on shares of SABMiller plc in a report on Friday, September 9th. Canaccord Genuity reiterated a “hold” rating and set a GBX 4,400 ($58.60) price target on shares of SABMiller plc in a report on Wednesday, May 18th. Credit Suisse Group AG reiterated a “restricted” rating on shares of SABMiller plc in a report on Friday, July 8th. Finally, Beaufort Securities downgraded SABMiller plc to a “hold” rating in a research note on Thursday, July 28th. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 4,114.44 ($54.80).
SABMiller plc (LON:SAB) opened at 4440.00 on Thursday. SABMiller plc has a 1-year low of GBX 3,467.50 and a 1-year high of GBX 4,590.80. The firm’s market cap is GBX 71.48 billion. The company has a 50-day moving average price of GBX 4,388.88 and a 200-day moving average price of GBX 4,304.80.
SABMiller plc Company Profile
SABMiller plc (SABMiller) is a holding company, which has brewing and beverage operations across five regions. The Company, together with its subsidiaries, is engaged in the manufacture, distribution and sale of beverages. It operates in six segments: Latin America, Africa, Asia Pacific, Europe, North America and Corporate.
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