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SABMiller plc (LON:SAB)‘s stock had its “neutral” rating restated by equities researchers at Credit Suisse in a research report issued on Thursday. They currently have a GBX 3,400 ($57.04) price objective on the stock. Credit Suisse’s target price indicates a potential upside of 5.48% from the stock’s previous close.

A number of other analysts have also recently weighed in on SAB. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of SABMiller plc in a research note on Monday. They now have a GBX 3,800 ($63.75) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of SABMiller plc in a research note on Friday, August 8th. They now have a GBX 3,940 ($66.10) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of SABMiller plc in a research note on Thursday, August 7th. They now have a GBX 3,500 ($58.71) price target on the stock. Seven investment analysts have rated the stock with a sell rating, ten have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. SABMiller plc currently has an average rating of “Hold” and a consensus target price of GBX 3,378.20 ($56.67).

SABMiller plc (LON:SAB) traded up 1.23% on Thursday, hitting GBX 3263.00. 1,510,146 shares of the company’s stock traded hands. 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 1447. and a 200-day moving average of GBX 1819.. The company’s market cap is £52.198 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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