RBC Capital Markets Reiterated SABMiller (LON:SAB) As a Sector Perform; They Now Have a Target Price Of GBX 4400

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SABMiller (LON:SAB) Rating Reaffirmed

SABMiller (LON:SAB) just had their share rating of a ‘Sector Perform’ issued by research analysts at RBC Capital Markets, who now has a GBX 4400 TP on the 65.39 billion GBP market cap company or a 9.17% upside potential. This key information was unveiled in a comprehensive report on 10 December.

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 67.43 while the lowest target price is GBX 51.18. The mean of all analyst targets is GBX 63.84 with a 1.47% above today’s (GBX 4034.5) stock price. SABMiller PLC was the topic of 95 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Natixis maintained shares on December 8 with “Neutral” 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 738,540 shares of stock traded hands. SABMiller plc (LON:SAB) has risen 13.05% since May 13, 2015 and is uptrending. It has outperformed by 14.98% the S&P500.

RBC Capital Markets Reiterated SABMiller (LON:SAB) As a Sector Perform; They Now Have a Target Price Of GBX 4400

SABMiller plc is a holding company, which has brewing and beverage activities across five regions. The company has a market cap of 65.39 billion GBP. The Company, together with its subsidiaries, is engaged in the manufacture, distribution and sale of beverages. It has 33.11 P/E ratio. It operates in six divisions: Latin America, Africa, Asia Pacific, Europe, North America and Corporate.

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