Associated British Foods PLC (OTCMKTS:ASBFY) was upgraded by research analysts at Kepler Capital Markets from a “reduce” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

ASBFY has been the subject of several other reports. Berenberg Bank cut shares of Associated British Foods PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, August 31st. Jefferies Group upgraded shares of Associated British Foods PLC from an “underperform” rating to a “hold” rating in a research note on Friday, October 21st. Finally, Numis Securities Ltd upgraded shares of Associated British Foods PLC from a “hold” rating to an “add” rating in a research note on Friday, September 23rd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $49.00.

Analyst Recommendations for Associated British Foods PLC (OTCMKTS:ASBFY)

Associated British Foods PLC (OTCMKTS:ASBFY) opened at 32.435 on Wednesday. The firm’s 50-day moving average is $0.00 and its 200 day moving average is $0.00. Associated British Foods PLC has a 52-week low of $29.84 and a 52-week high of $54.24.

Associated British Foods PLC Company Profile

Associated British Foods plc is a diversified international food, ingredients and retail group with sales. The Company operates in 47 countries across Europe, southern Africa, the Americas, Asia and Australia. The Company operates in five segments, including Sugar, Agriculture, Retail, Grocery and Ingredients.

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