Numis disclosed Associated British Foods PLC (LON:ABF), boosting its price target to 3,000.00GBX earlier today
- Updated: September 22, 2016
Reporting as potential upside of 0.12%, Numis upped the price target of Associated British Foods PLC (LON:ABF) to 3,000.00GBX
On 9/22/2016, Credit Suisse released a statement about Associated British Foods PLC (LON:ABF) maintained the target price at 3,550.00GBX that suggested an upside of 0.31%.
Having a price of 2,690.00GBX, Associated British Foods PLC (LON:ABF) traded -0.63% lower on the day. With the last stock price down -10.51% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ABF has recorded a 50-day average of 2,940.73GBX and a two hundred day average of 3,004.91GBX. Trade Volume was down over the average, with 73,073 shares of ABF changing hands under the typical 1,069,250
Recent Performance Chart
Associated British Foods PLC has PE ratio of 28.49 with a one year low of 1,910.00GBX and a one year high of 3,606.00GBX and has a market capitalization of 0 GBX.
A total of 21 brokerages have issued a ratings update on Associated British Foods PLC. Two brokerages rating the company a strong buy, six brokerages rating the company a buy, twelve brokerages rating the company a hold, two brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of 3,055.76GBX.
General Company Details For 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, 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.