Deutsche Bank Aktiengesellschaft Lowers Associated British Foods (LON:ABF) Price Target to GBX 1,925

Associated British Foods (LON:ABF) had its price target decreased by Deutsche Bank Aktiengesellschaft from GBX 2,100 to GBX 1,925 in a note issued to investors on Thursday,Digital Look reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 3.55% from the company’s current price.

A number of other equities analysts also recently weighed in on the stock. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 1,650 target price on shares of Associated British Foods in a research note on Friday. JPMorgan Chase & Co. reduced their price objective on Associated British Foods from GBX 2,095 to GBX 1,940 and set a “neutral” rating on the stock in a report on Friday. Citigroup increased their price objective on Associated British Foods from GBX 1,830 to GBX 1,840 and gave the company a “sell” rating in a research report on Monday, November 10th. Finally, Shore Capital downgraded Associated British Foods to a “hold” rating in a research report on Friday. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of GBX 1,931.

Associated British Foods Price Performance

Shares of ABF traded up GBX 9 on Thursday, hitting GBX 1,859. The company’s stock had a trading volume of 2,399,021 shares, compared to its average volume of 7,529,364. The company has a debt-to-equity ratio of 32.88, a current ratio of 1.78 and a quick ratio of 0.93. The company has a market capitalization of £13.15 billion, a PE ratio of 13.13, a PEG ratio of 1.51 and a beta of 1.24. The company has a 50 day moving average price of GBX 2,141.56 and a 200 day moving average price of GBX 2,148.77. Associated British Foods has a fifty-two week low of GBX 1,818.87 and a fifty-two week high of GBX 2,359.

Associated British Foods (LON:ABF) last announced its earnings results on Tuesday, November 4th. The company reported GBX 174.90 earnings per share for the quarter. Associated British Foods had a return on equity of 13.07% and a net margin of 7.25%. On average, research analysts anticipate that Associated British Foods will post 188.0990415 earnings per share for the current fiscal year.

Insider Transactions at Associated British Foods

In related news, insider George G. Weston sold 43,660 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of GBX 2,103, for a total value of £918,169.80. Also, insider Eoin Tonge sold 34,818 shares of Associated British Foods stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of GBX 2,103, for a total transaction of £732,222.54. 1.50% of the stock is currently owned by company insiders.

Trending Headlines about Associated British Foods

Here are the key news stories impacting Associated British Foods this week:

• Neutral Sentiment: ABF and Hovis requested the UK regulator skip the initial review and move straight to a Phase 2 takeover investigation — the move seeks to accelerate the timetable but signals the deal raises competition questions. ABF, Hovis ask UK regulator to fast-track takeover review
• Neutral Sentiment: Market commentary: ABF underperformed the market amid the sell-off, reflecting broader repositioning by investors while newsflow develops. Associated British Foods slips Thursday, underperforms market
• Negative Sentiment: Primark profit warning: Management cut guidance after a holiday trading period where fashion and beauty categories weakened, directly weakening ABF’s retail earnings outlook and prompting the share slump. Associated British Foods Shares Plunge as Primark Weakness Weighs on Outlook
• Negative Sentiment: Primark sales slump in holiday trading: Reports show declines in fashion and beauty sales across key peers, underlining sector weakness that hit Primark’s margins and sales momentum. Primark, Marks & Spencer See Fashion, Beauty Sales Shrink During Key Holiday Trading Period
• Negative Sentiment: Shares plunged (>10% intraday) after the Primark profit warning — multiple outlets highlight sharp investor reaction as analysts reassess FY profit forecasts. Associated British Foods shares plummet by over 10% after Primark profit warning
• Negative Sentiment: CMA fast-tracks Hovis takeover review to Phase 2 — regulator’s move increases takeover uncertainty, could prolong deal timeline or force remedies that affect transaction value/strategy. CMA accepts joint ABF/Hovis request to fast-track merger investigation
• Negative Sentiment: UK competition watchdog will investigate the Kingsmill owner’s planned Hovis takeover — added regulatory scrutiny raises execution risk for ABF’s M&A plans. UK competition watchdog to investigate Kingsmill owner’s planned takeover of Hovis
• Negative Sentiment: Financial press coverage (FT, Yahoo, AmericanBankingNews) emphasizes the link between Primark’s weaker trading, downgraded outlook and the share price decline — expect analyst revisions and volatility while more trading updates and CMA findings arrive. Associated British Foods (LON:ABF) Stock Price Down 10.4% – Here’s Why

Associated British Foods Company Profile

Associated British Foods is a diversified international food, ingredients and retail group with sales of £13.9bn, 128,000 employees and operations in 53 countries across Europe, Africa, the Americas, Asia and Australia.

Our purpose is to provide safe, nutritious, affordable food, and clothing that is great value for money. With the breadth of our business, our brands and global reach, ABF aims to consistently deliver value to its stakeholders.

Our business is split into five segments: Grocery; Sugar; Agriculture; Ingredients; and Retail.