Associated British Foods plc (NASDAQ:ASBFY) was upgraded by investment analysts at Societe Generale from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

Several other equities analysts also recently issued reports on ASBFY. Zacks Investment Research downgraded Associated British Foods plc from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 14th. Berenberg Bank downgraded Associated British Foods plc from a “buy” rating to a “hold” rating in a research report on Wednesday, August 31st. RBC Capital Markets reiterated a “sector perform” rating on shares of Associated British Foods plc in a research report on Monday, August 1st. Deutsche Bank AG upgraded Associated British Foods plc from a “hold” rating to a “buy” rating in a research report on Monday, August 1st. Finally, Kepler Capital Markets upgraded Associated British Foods plc from a “reduce” rating to a “hold” rating in a research report on Wednesday, November 9th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. Associated British Foods plc currently has an average rating of “Hold”.

Analyst Recommendations for Associated British Foods plc (NASDAQ:ASBFY)

Associated British Foods plc (NASDAQ:ASBFY) opened at 31.94 on Friday. The company’s 50-day moving average price is $0.00 and its 200 day moving average price is $0.00. Associated British Foods plc has a 52 week low of $29.84 and a 52 week high of $54.24.

About Associated British Foods plc

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.

5 Day Chart for NASDAQ:ASBFY

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