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SABMiller plc (ADR) (SBMRY) [hlAlert]

Rating:
Buy SBMRY
down 10.28 %

SABMiller plc (ADR) (SBMRY) upgraded to Buy by Nomura

Posted on: Monday,  Jul 20, 2015  4:25 PM ET by Nomura

Nomura rated Buy SABMiller plc (ADR) (OTCBB: SBMRY) on 07/20/2015. Previously Nomura rated Reduce SABMiller plc (ADR) (OTCBB: SBMRY) on 09/12/2013.,
when the stock price was $49.35. Since then, SABMiller plc (ADR) has gained 11.47% as of 07/20/2015's recent price of $55.01.
If you would have followed the previous Nomura's recommendation on SBMRY, you would have lost 10.28% of your investment in 676 days.

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.

Nomura
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/20/2015 4:25 PM Buy
None
55.01
as of 8/27/2015
1 Week   
1 Month   
3 Months up  3.66 %
1 YTD down  -7.27 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/12/2013 8:25 AM Sell
None
49.35

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