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Kepler upgraded Associated British Foods (OTCMKTS:ASBFY) from Hold to Buy in a statement released earlier today.

Yesterday Associated British Foods (OTCMKTS:ASBFY) traded -2.13% lower at $39.01. The company’s 50-day moving average is $0.00 and its 200-day moving average is $0.00. The last stock close price is up 0.00% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 44,518 shares of the stock were exchanged, up from an average trading volume of 0

Kepler has upgraded Associated British Foods (OTCMKTS:ASBFY) from Hold to Buy in a report released on 7/07/2017.

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Associated British Foods (OTCMKTS:ASBFY)

Associated British Foods has a 52 week low of $29.84 and a 52 week high of $43.21 The company’s market cap is currently $0.

In addition to Kepler reporting its target price, a total of 1 firm has issued a report on the stock. The consensus target price is $51.00 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Associated British Foods (OTCMKTS:ASBFY)

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.

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