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Zacks Investment Research upgraded Associated British Foods plc (ADR) (NASDAQ:ASBFY) to Hold in a report released today.

Zacks Investment Research has upgraded Associated British Foods plc (ADR) (NASDAQ:ASBFY) to Hold in a report released on Tuesday November 29, 2016.

Yesterday Associated British Foods plc (ADR) (NASDAQ:ASBFY) traded -0.39% lower at $32.35. 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 decreased -0.03% over the same time. 27,968 shares of the stock were exchanged, up from an average trading volume of 0

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Associated British Foods plc (ADR) (NASDAQ:ASBFY)

Associated British Foods plc (ADR) has a 52 week low of $29.84 and a 52 week high of $54.24 The company’s market cap is currently $0.

Also covering Associated British Foods plc (ADR)'s price target, a total of 1 analyst has released a report on Associated British Foods plc (ADR). The average stock price target is $51.00 with 0 brokerages rating the stock a strong buy, zero equity analysts rating the company a buy, zero 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 plc (ADR) (NASDAQ: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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