Share on StockTwits

SABMiller plc (LON:SAB)‘s stock had its “hold” rating reissued by stock analysts at SBG Securities in a report issued on Monday. They currently have a GBX 3,600 ($59.74) price target on the stock. SBG Securities’ price target would suggest a potential upside of 8.34% from the company’s current price.

A number of other firms have also recently commented on SAB. Analysts at RBC Capital reiterated a “sector performer” rating on shares of SABMiller plc in a research note on Wednesday, August 27th. They now have a GBX 3,300 ($54.76) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of SABMiller plc in a research note on Tuesday, August 26th. They now have a GBX 3,400 ($56.42) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of SABMiller plc in a research note on Friday, August 22nd. They now have a GBX 3,940 ($65.38) price target on the stock. Seven investment analysts have rated the stock with a sell rating, ten have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 3,384.87 ($56.17).

Shares of SABMiller plc (LON:SAB) opened at 3304.00 on Monday. SABMiller plc has a 1-year low of GBX 2650.50 and a 1-year high of GBX 3459.9998. The stock has a 50-day moving average of GBX 1086.68 and a 200-day moving average of GBX 1739.. The company’s market cap is £52.854 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.