A statement released earlier today by Exane BNP Paribas about Associated British Foods PLC (LON:ABF) holds the target price at 3,300.00GBX
- Updated: September 19, 2016
In a report announced on 8/03/2016 Exane BNP Paribas held steady the target price of Associated British Foods PLC (LON:ABF) at 3,300GBX reporting a possible upside of 0.21%.
On 8/01/2016, Deutsche Bank reported on Associated British Foods PLC(LON:ABF) upped the target price from 3,000.00GBX to 3,200.00GBX. At the time, this suggested an upside of 0.15%.
Just yesterday Associated British Foods PLC (LON:ABF) traded 0.63% higher at 2,734.50GBX. The company’s 50-day moving average is 2,941.08GBX and its two hundred day moving average is 3,025.83GBX. With the last stock close down 9.84% relative to the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. 194,652 shares of Associated British Foods PLC traded, down from ann average trading volume of 1,072,730.
Recent Performance Graphic:
With a market capitalization of 0.0 GBX, Associated British Foods PLC has a PE of 29 with a one-year low of 1,910.00GBX and a one-year high of 3,606.00GBX.
A total of 21 brokerages have issued a report on ABF. Two firms rate the stock a strong buy, six firms rate the stock a buy, 12 firms rate the stock a hold, two firms rate the company to underperform, and finally one analystrate the company as sell with a one year target stock price of 3,055.76GBX
General Information 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.
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