According to Zacks, “SABMILLER PLC is one of the world’s largest brewers with brewing interests or distribution agreements in over sixty countries across six continents. The principal activities of the Company and its subsidiaries are the manufacture, distribution and sale of beverages. The group’s brands include premium international beers such as Grolsch, Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market leading local brands. Outside the USA, SABMiller plc is also one of the largest bottlers of Coca-Cola products in the world. “
A number of other research firms also recently commented on SBMRY. Beaufort Securities restated a hold rating on shares of SABMiller plc in a report on Wednesday, July 27th. Credit Suisse Group AG reiterated a neutral rating on shares of SABMiller plc in a research note on Friday, July 8th. Societe Generale reiterated a hold rating on shares of SABMiller plc in a research note on Tuesday, June 28th. Finally, BNP Paribas lowered SABMiller plc from an outperform rating to a neutral rating in a research note on Friday, September 9th. Five investment analysts have rated the stock with a hold rating, The stock presently has an average rating of Hold.
Shares of SABMiller plc (NASDAQ:SBMRY) opened at 57.81 on Friday. The stock has a market cap of $93.07 billion and a PE ratio of 34.83. SABMiller plc has a 52 week low of $54.53 and a 52 week high of $65.51. The firm has a 50-day moving average price of $57.76 and a 200-day moving average price of $59.63.
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