SABMiller (LON:SAB)‘s stock had its “market perform” rating restated by stock analysts at Sanford C. Bernstein in a report issued on Friday, AR Network reports. They currently have a GBX 3,450 ($55.22) price objective on the stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 8.51% from the stock’s previous close.
A number of other firms have also recently commented on SAB. Analysts at Berenberg Bank reiterated a “buy” rating on shares of SABMiller in a research note to investors on Friday. They now have a GBX 3,600 ($57.62) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of SABMiller in a research note to investors on Friday. They now have a GBX 3,100 ($49.62) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of SABMiller in a research note to investors on Friday, November 8th. They now have a GBX 3,600 ($57.62) price target on the stock. Four research analysts have rated the stock with a sell rating, fifteen have given a hold rating and thirteen have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 3,400.76 ($54.43).
SABMiller (LON:SAB) opened at 3196.00 on Friday. SABMiller has a 52 week low of GBX 2611.00 and a 52 week high of GBX 3683.50. The stock has a 50-day moving average of GBX 2179.91 and a 200-day moving average of GBX 2697.92. The company’s market cap is £50.942 billion.
SABMiller plc is a holding company which has brewing and beverage interests across six continents. The Company is engaged in manufacture, distribution and sale of beverages.
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