Share on StockTwits

SABMiller plc (LON:SAB)‘s stock had its “outperform” rating reaffirmed by equities researchers at Sanford C. Bernstein in a research report issued on Friday. They currently have a GBX 3,940 ($66.30) price objective on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 25.94% from the stock’s previous close.

SAB has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of SABMiller plc in a research note on Thursday. They now have a GBX 3,500 ($58.89) price target on the stock. Separately, 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. Finally, 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. Seven analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. SABMiller plc presently has an average rating of “Hold” and an average price target of GBX 3,378.20 ($56.84).

Shares of SABMiller plc (LON:SAB) opened at 3127.50 on Friday. SABMiller plc has a 52-week low of GBX 2650.50 and a 52-week 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 £50.030 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.