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Enter Symbol:
 
SABMiller plc (ADR) (SBMRY) [hlAlert]

Rating:
Overweight
SBMRY
3 Months Gains
down 6.99 %

SABMiller plc (ADR) (SBMRY) rated Overweight by HSBC Securities

Posted on: Tuesday,  Sep 10, 2013  8:25 AM ET by HSBC Securities

SABMiller plc (ADR)
(OTCBB: SBMRY) rated Overweight by HSBC Securities.

SABMiller plc is a holding company, which has brewing and beverage interests across six continents. The principal activities of the Company and its subsidiaries are the manufacture, distribution and sale of beverages. Its brands include international beers, such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch along with local brands, such as Aguila, Castle, Miller Lite, Snow and Tyskie. The Company is one of the bottlers of Coca-Cola products. The Company?s markets range from developed economies, such as United States to markets, such as China and India. In March 2009, the Company acquired the remaining 50% interest in SABMiller Vietnam JV Company Limited, from its joint venture partner, Vietnam Dairy Products Joint Stock Company. As a result, SABMiller Asia BV is the sole shareholder in SABMiller Vietnam JV Company Limited. In February 2010, the Company acquired Rwenzori Beverages Ltd.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/10/2013 8:25 AM Buy
None
50.45
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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