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Several investment firms have updated their stock ratings and price targets on shares of SABMiller plc (LON: SAB) in the last week:

  • SABMiller plc had its “sector perform” rating reaffirmed by analysts at RBC Capital. They now have a GBX 3,300 ($55.32) price target on the stock.
  • SABMiller plc was downgraded by analysts at Investec to a “sell” rating. They now have a GBX 3,250 ($54.48) price target on the stock, up previously from GBX 3,200 ($53.65).
  • SABMiller plc had its “buy” rating reaffirmed by analysts at Grupo Santander. They now have a GBX 3,650 ($61.19) price target on the stock.
  • SABMiller plc had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 3,850 ($64.54) price target on the stock.
  • SABMiller plc had its “equal weight” rating reaffirmed by analysts at Barclays. They now have a GBX 3,400 ($57.00) price target on the stock.

Shares of SABMiller plc (LON:SAB) traded up 0.06% during mid-day trading on Thursday, hitting GBX 3256.8401. The stock had a trading volume of 1,462,229 shares. SABMiller plc has a one year low of GBX 2650.50 and a one year high of GBX 3416.50. The stock’s 50-day moving average is GBX 2251.61 and its 200-day moving average is GBX 2523.. The company’s market cap is £52.077 billion.

SABMiller plc is a holding company, which has brewing and beverage interests across six continents. The Company together with its subsidiaries is engaged in the manufacture, distribution and sale of beverages.

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