Share on StockTwits

SABMiller plc (LON:SAB)‘s stock had its “add” rating restated by research analysts at Numis Securities Ltd in a report released on Thursday. They currently have a GBX 3,500 ($58.89) price objective on the stock. Numis Securities Ltd’s price objective points to a potential upside of 9.82% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Grupo Santander reiterated a “buy” rating on shares of SABMiller plc in a research note on Wednesday, July 30th. They now have a GBX 3,650 ($61.42) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of SABMiller plc from GBX 3,000 ($50.48) to GBX 3,500 ($58.89) in a research note on Wednesday, July 30th. They now have a “hold” rating on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of SABMiller plc in a research note on Friday, July 25th. They now have a GBX 3,940 ($66.30) price target on the stock. Seven analysts have rated the stock with a sell rating, ten have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 3,378.20 ($56.84).

Shares of SABMiller plc (LON:SAB) traded down 0.03% on Thursday, hitting GBX 3186.00. The stock had a trading volume of 2,265,665 shares. SABMiller plc has a one year low of GBX 2650.50 and a one year high of GBX 3459.9998. The stock has a 50-day moving average of GBX 1629. and a 200-day moving average of GBX 1882.06. The company’s market cap is £50.966 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.

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.