FTSE 100 – SABMiller – (4142) Target (4250)
SABMiller has outperformed the market in the recent past. While the broader market witnessed decline in stock SABMiller continued to trade higher to make a new high yesterday at 4153. The position of daily momentum studies are also positive with major indicators trading high above mid range. On trading above 4000 the target comes first at 4200 and thereafter at 4250.
SABMiller plc is an international beer company. The Company bottles and distributes beer through breweries worldwide. SABMiller also bottles and distributes a number of soft drinks.
OPEN 4,165.00
DAY RANGE 4,134.00 – 4,165.00
52WK RANGE 2,773.00 – 4,165.00
MARKET CAP (B GBP) 67.226
SHARES OUTSTANDING (B)
SECTOR Consumer Staples
INDUSTRY Consumer Products
SUB-INDUSTRY Beverages