Share on StockTwits

Shares of SABMiller plc (LON:SAB) have been given an average rating of “Hold” by the thirty-two brokerages that are presently covering the company, AnalystRatings.NET reports. Six investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation, fifteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 3,381.48 ($57.55).

Shares of SABMiller plc (LON:SAB) traded up 0.78% on Thursday, hitting GBX 3359.9998. The stock had a trading volume of 1,226,776 shares. SABMiller plc has a 1-year low of GBX 2650.50 and a 1-year high of GBX 3459.9998. The stock’s 50-day moving average is GBX 1971. and its 200-day moving average is GBX 1968.. The company’s market cap is £53.726 billion.

A number of analysts have recently weighed in on SAB shares. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of SABMiller plc in a research note on Friday, June 20th. They now have a GBX 3,940 ($67.05) price target on the stock. Separately, analysts at Canaccord Genuity upgraded shares of SABMiller plc to a “buy” rating in a research note on Friday, June 20th. They now have a GBX 3,800 ($64.67) price target on the stock, up previously from GBX 3,000 ($51.06). Finally, analysts at Nomura reiterated a “reduce” rating on shares of SABMiller plc in a research note on Monday, June 16th. They now have a GBX 2,850 ($48.50) price target on the stock.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.