“Buy” was Reconfirmed on Associated British Foods (LON:ABF) by Jefferies; with GBX 3200.00 Target.

June 27, 2018 - By Sarah Holford

Associated British Foods plc (LON:ABF) Corporate Logo

Reiterated Associated British Foods (LON:ABF) Rating.

Jefferies’s Professional analysts have GBX 3200.00 PT which indicates upside potential of 12.80 % on Associated British Foods (LON:ABF). a report of the firm was shown on Tuesday, 26 June.

Associated British Foods plc (LON:ABF) Ratings Coverage

Total analysts of 16 have positions in Associated British Foods PLC (LON:ABF) as follows: 14 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 88%. Since January 2, 2018 according to StockzIntelligence Inc Associated British Foods PLC has 48 analyst reports. The stock rating was maintained by Shore Capital with “Buy” on Monday, March 12. On Tuesday, April 17 the stock of Associated British Foods plc (LON:ABF) earned “Buy” rating by Shore Capital. In Monday, March 26 report RBC Capital Markets maintained it with “Outperform” rating and GBX 2700 target. On Wednesday, January 31 Deutsche Bank maintained Associated British Foods plc (LON:ABF) rating. Deutsche Bank has “Buy” rating and GBX 3500 target. The stock rating was maintained by Liberum Capital with “Buy” on Monday, March 5. In Friday, March 2 report Shore Capital maintained the stock with “Buy” rating. In Tuesday, February 6 report Barclays Capital maintained the stock with “Overweight” rating. On Tuesday, May 8 the stock has “Buy” rating by UBS. On Monday, March 5 the stock has “Outperform” rating by Credit Suisse. On Friday, January 19 the firm has “Buy” rating by Shore Capital given.

Ticker’s shares touched GBX 2793 during the last trading session after 1.48% change.Associated British Foods plc has volume of 99,894 shares. Since June 27, 2017 ABF has 0.00% and is . ABF underperformed by 12.57% the S&P500.

Associated British Foods plc operates as a diversified food, ingredients, and retail firm worldwide.The firm is valued at 22.02 billion GBP. It operates through five divisions: Grocery, Sugar, Agriculture, Ingredients, and Retail.The P/E ratio is 21.16. The Grocery segment makes and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.

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