Liberum Capital restated their buy rating on shares of Associated British Foods plc (LON:ABF) in a research note published on Monday. They currently have a GBX 3,150 ($40.68) price target on the stock.

ABF has been the topic of a number of other reports. HSBC Holdings plc reaffirmed a buy rating and issued a GBX 3,700 ($47.79) price objective on shares of Associated British Foods plc in a research note on Wednesday, September 6th. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 3,200 ($41.33) price objective on shares of Associated British Foods plc in a research note on Friday, June 30th. Credit Suisse Group raised their price objective on shares of Associated British Foods plc from GBX 3,350 ($43.26) to GBX 3,600 ($46.49) and gave the company an outperform rating in a research note on Friday, September 1st. Shore Capital reissued a buy rating on shares of Associated British Foods plc in a research report on Monday. Finally, Goldman Sachs Group, Inc. (The) reissued a buy rating and set a GBX 3,200 ($41.33) price target on shares of Associated British Foods plc in a research report on Tuesday, July 4th. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of GBX 3,298 ($42.59).

Associated British Foods plc (LON ABF) opened at 3197.00 on Monday. The firm’s market capitalization is GBX 25.26 billion. The stock’s 50 day moving average is GBX 3,155.83 and its 200 day moving average is GBX 2,896.40. Associated British Foods plc has a 1-year low of GBX 2,335.00 and a 1-year high of GBX 3,343.00.

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Associated British Foods plc Company Profile

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.

Analyst Recommendations for Associated British Foods plc (LON:ABF)

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