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SABMiller plc (ADR) (SBMRY) [hlAlert]

Rating:
Neutral SBMRY

SABMiller plc (ADR) (SBMRY) rated Neutral by Credit Suisse

Posted on: Thursday,  Oct 3, 2013  8:25 AM ET by Credit Suisse

SABMiller plc (ADR)
(OTCBB: SBMRY) rated Neutral by Credit Suisse.

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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/3/2013 8:25 AM Hold
None
48.36
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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