Share on StockTwits

SABMiller plc (LON:SAB)‘s stock had its “sector perform” rating reaffirmed by analysts at RBC Capital in a research report issued to clients and investors on Thursday. They currently have a GBX 3,300 ($54.76) target price on the stock. RBC Capital’s price objective indicates a potential downside of 1.71% from the stock’s previous close.

A number of other firms have also recently commented on SAB. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of SABMiller plc in a research note on Wednesday. They now have a GBX 3,800 ($63.06) price target on the stock. Separately, analysts at SBG Securities reiterated a “hold” rating on shares of SABMiller plc in a research note on Monday. They now have a GBX 3,600 ($59.74) price target on the stock. Finally, 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. Seven research analysts have rated the stock with a sell rating, ten have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 3,384.87 ($56.17).

Shares of SABMiller plc (LON:SAB) opened at 3376.50 on Thursday. 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 1177. and a 200-day moving average of GBX 1732.81. The company’s market cap is £54.014 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.