SABMiller plc (ADR) (NASDAQ:SBMRY) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 23, 2016
Zacks Investment Research has upgraded SABMiller plc (ADR) (NASDAQ:SBMRY) to Hold in a statement released on Saturday September 24, 2016.
Boasting a price of $57.81, SABMiller plc (ADR) (NASDAQ:SBMRY) traded -0.58% lower on the day. With the last stock price close down -3.05% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. SABMiller plc (ADR) has recorded a 50-day average of $57.76 and a two hundred day average of $59.63. Volume of trade was down over the average, with 18,667 shares of SBMRY changing hands under the typical 364,075
With a total market value of $0, SABMiller plc (ADR) has price-earnings ratio of 34.83 with a one year low of $54.53 and a one year high of $65.51 .
A total of 1 equity analyst has released a research note on SBMRY. zero equity analysts rating the company a strong buy, one equity analyst rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $62.00.
More About SABMiller plc (ADR) (NASDAQ:SBMRY)
SABMiller plc is engaged in the beer and soft drinks business. The Company operates through six segments: Latin America, Africa, Asia Pacific, Europe, North America and Corporate. Its Latin America brewing and beverage operations cover approximately six countries across South and Central America (Colombia, Ecuador, El Salvador, Honduras, Panama and Peru). Its Africa brewing and beverage operations in Africa cover approximately 20 countries, including Botswana, Mozambique, Nigeria, South Africa, Tanzania, Uganda and Zambia. Its brewing interests across Asia Pacific cover approximately four countries: Australia, China, India and Vietnam. Its Europe brewing operations cover approximately nine countries, including the Czech Republic, Hungary, Italy, Poland, Romania, Slovakia, Spain (Canary Islands), the Netherlands and the United Kingdom. Its North America segment includes its interest in MillerCoors LLC, Miller Brewing International, Inc. and its North American holding companies.
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