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The Guardian - UK
The Guardian - UK
Business
Nick Huber

Brewer tops latest risers

Brewer SABMiller is up about 5%, leading the FTSE 100 risers after a positive note from Lehman.

The investment bank has raised its price target on SABMiller to £12.90p from £12.65p on its confidence that the brewery, whose beers include Carling Black Label and Miller Lite, can maintain its profit growth in the medium term despite tougher trading conditions at the moment.

By lunchtime, shares in SABMiller were up 62p, or 5.5% at £11.83p.

After rising slightly in morning trading, the FTSE 100 was down 24 points at 6021.8.

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