A statement released earlier today by Deutsche Bank about Associated British Foods PLC (LON:ABF) keeps the target price at 3,200.00GBX
- Updated: September 16, 2016
Stating a possible upside of 0.14%, Deutsche Bank held the price target of Associated British Foods PLC (LON:ABF) at 3,200GBX.
Previously on Monday September 12 2016, Liberum Capital released a statement for Associated British Foods PLC(LON:ABF) bumped the target price at 3,600.00GBX that suggested an upside of 0.28%.
Having a price of 2,804.00GBX, Associated British Foods PLC (LON:ABF) traded 0.55% lower on the day. With the last stock close down 10.40% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. Associated British Foods PLC has logged a 50-day average of 2,941.08GBX and 200-day average of 3,025.83GBX. Trading volume was was up over the average, with 1,299,380 shares of ABF changing hands over the typical 1,072,730 shares.
With a market cap of 0.0 GBX, Associated British Foods PLC has a one-year low of 1,910.00GBX and a 52 week high of 3,606.00GBX with a P/E ratio of 29.
A total of 21 firms have released a research note on ABF. Two firms rate the company a strong buy, six firms rate the stock a buy, 12 firms rate the company a hold, two analysts rate the stock to underperform, and lastly one analystrate the stock as sell with a 12-month target price of 3,055.76GBX
More About Associated British Foods PLC (LON:ABF)
Associated British Foods plc is a diversified international food, ingredients and retail group with sales. The Company operates in 47 countries across Europe, southern Africa, the Americas, Asia and Australia. The Company operates in five segments, including Sugar, Agriculture, Retail, Grocery and Ingredients. Grocery segment manufactures grocery products. Sugar segment grows and process of sugar beet and sugar cane for sale to industrial users and to Silver Spoon. Agriculture segment manufactures animal feeds and the provision of other products for the agriculture sector. Ingredients segment manufactures bakers’ yeast, bakery ingredients, enzymes, lipids, and yeast extracts and cereal specialities. Retail segment buys and merchandise value clothing and accessories through the Primark and Penneys retail chains.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.