Several other analysts have also recently commented on the stock. Analysts at ISI Group initiated coverage on shares of SABMiller plc in a research note to investors on Tuesday, January 8th. They set a ?strong-buy? rating and a $60.00 price target on the stock. Analysts at Nomura upgraded shares of SABMiller plc from a ?reduce? rating to a ?neutral? rating in a research note to investors on Friday, November 23rd.
Twelve research analysts have rated the stock with a buy rating, four have assigned an overweight rating, thirteen have issued a hold rating, and one has issued an underweight rating to the company. The stock presently has an average rating of ?overweight? and an average price target of $48.61.
Shares of SABMiller plc traded up 0.60% during mid-day trading on Thursday, hitting $47.67. SABMiller plc has a 52 week low of $35.25 and a 52 week high of $47.90. The stock?s 50-day moving average is currently $46.02.
SABMiller plc is a holding company. It has brewing and beverage interests across six continents: Latin America, Europe, North America, Africa, Asia and South Africa.