Associated British Foods Stock Rating Reaffirmed by Sanford C. Bernstein (ABF)
Associated British Foods (LON: ABF)‘s stock had its “market perform” rating reaffirmed by research analysts at Sanford C. Bernstein in a report released on Thursday. They currently have a $22.83 (1425 GBX) target price on the stock.
Shares of Associated British Foods opened at 1522.00 on Thursday. Associated British Foods has a one year low of GBX 1118.00 and a one year high of GBX 1597.00. The stock’s 50-day moving average is currently GBX 1299.56. The company’s market cap is £12.007 billion.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Associated British Foods in a research note to investors on Tuesday. They now have a $22.56 price target on the stock. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of Associated British Foods in a research note to investors on Thursday, December 13th. They now have a $23.81 price target on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of Associated British Foods in a research note to investors on Monday, November 26th. They now have a $22.44 price target on the stock.
Associated British Foods plc (ABF) is a holding company. The Company is engaged in the processing and manufacture of food worldwide and textile retailing in the United Kingdom and continental Europe.
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