Natixis Has Just Reaffirmed GBX 4400 Target Price Per Share on SABMiller (LON:SAB) stock, While They’ve Also Reiterated Their Neutral Rating

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SABMiller (LON:SAB) Rating Reaffirmed

Natixis now has a GBX 4400 target PPS on shares of SABMiller (LON:SAB). The target PPS would indicate a potential upside of 9.26% from the current stock price of SABMiller (LON:SAB). This rating was revealed in a comprehensive report on Tuesday morning.

From a total of 20 analysts covering SABMiller PLC (LON:SAB) stock, 11 rate it a ”Buy”, 1 a “Sell”, and 11 a ”Hold”. This means that 48% of the ratings are positive. The highest target price is GBX 67 while the lowest target price is GBX 50.82. The mean of all analyst targets is GBX 63.44 with a 1.84% above today’s (GBX 4020) stock price. SABMiller PLC was the topic of 94 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 4 with “Market Perform” rating. Nomura downgraded shares to “Neutral” rating and GBX 4400 target share price in a report from a November 17. Shore Capital maintained SAB stock in a recent report from November 30 with “Hold” rating. BNP Paribas maintained the rating on November 17. BNP Paribas has a “Outperform” rating and a GBX 4480 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a November 20.

Approximately 706,350 shares of stock traded hands. SABMiller plc (LON:SAB) has risen 12.05% since May 11, 2015 and is uptrending. It has outperformed by 12.65% the S&P500.

Natixis Has Just Reaffirmed GBX 4400 Target Price Per Share on SABMiller (LON:SAB) stock, While They’ve Also Reiterated Their Neutral Rating

SABMiller plc is a holding company, which has brewing and beverage activities across five regions. The company has a market cap of 65.19 billion GBP. The Company, together with its subsidiaries, is engaged in the manufacture, distribution and sale of beverages. It has 33.3 P/E ratio. It operates in six divisions: Latin America, Africa, Asia Pacific, Europe, North America and Corporate.

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