Breaking Finance News

A statement released earlier today by Deutsche Bank about Associated British Foods PLC (LON:ABF) maintains the target price at 3,500.00GBX

Having a price of 3,366.50GBX, Associated British Foods PLC (LON:ABF) traded -0.09% lower on the day. With the last close up 11.38% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. Associated British Foods PLC has recorded a 50-day average of 3,253.47GBX and a two hundred day average of 3,023.78GBX. Volume of trade was down over the average, with 118,693 shares of ABF changing hands under the typical 824,476

Stating a potential upside of 0.04%, Deutsche Bank hold steady the price target of Associated British Foods PLC (LON:ABF) at 3,500.00GBX

On Thursday October 19, 2017, Jefferies International released a statement on Associated British Foods PLC (LON:ABF) maintained the target price at 3,600.00GBX that suggested an upside of 0.10%.

Performance Chart

Associated British Foods PLC (LON:ABF)

With a total market value of 0 GBX, Associated British Foods PLC has P/E ratio of 24.23 with a 52 week low of 2,335.00GBX and a 52 week high of 3,387.00GBX .

Also covering Associated British Foods PLC's target, a total of 21 equity analysts have released a ratings update on ABF. The one year target is 3,055.76GBX with two brokerages rating the company a strong buy, six brokers rating the stock a buy, 12 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Associated British Foods PLC (LON:ABF)

Associated British Foods plc is an international food, ingredients and retail company. The Company's segments include grocery, sugar, agriculture, ingredients and retail. Its geographical segments include the United Kingdom, Europe and Africa, the Americas and Asia Pacific. The grocery segment manufactures grocery products, including hot beverages, sugar and sweeteners, vegetable oils, bread and baked goods, cereals, ethnic foods, herbs and spices, and meat products, which are sold to retail, wholesale and foodservice businesses. The sugar segment is engaged in growing and processing of sugar beet and sugar cane for sale to industrial users. The agriculture segment manufactures animal feeds and the provision of other products and services for the agriculture sector. The ingredients segment manufactures bakers yeast, bakery ingredients and enzymes, among others. The retail segment buys and merchandises 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's FREE daily email newsletter.