Associated British Foods Stock Rating Reaffirmed by Societe Generale (ABF)
Associated British Foods (LON: ABF)‘s stock had its “buy” rating restated by equities researchers at Societe Generale in a report issued on Friday. They currently have a $29.13 (1820 GBX) target price on the stock.
Associated British Foods opened at 1629.9999 on Friday. Associated British Foods has a 52-week low of GBX 1133.00 and a 52-week high of GBX 1597.00. The stock’s 50-day moving average is currently GBX 1299.56. The company’s market cap is £12.859 billion.
A number of other analysts have also recently weighed in on ABF. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Associated British Foods in a research note to investors on Thursday, January 10th. They now have a $22.83 price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Associated British Foods in a research note to investors on Tuesday, January 8th. They now have a $22.56 price target on the stock. Finally, 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.
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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