J P Morgan Chase & Co reissued their overweight rating on shares of Associated British Foods plc (LON:ABF) in a research report report published on Wednesday. They currently have a GBX 3,300 ($42.62) price objective on the stock.

ABF has been the topic of a number of other research reports. Deutsche Bank AG reissued a buy rating and issued a GBX 3,200 ($41.33) price target on shares of Associated British Foods plc in a report on Friday, June 30th. Credit Suisse Group raised their price target on shares of Associated British Foods plc from GBX 3,350 ($43.26) to GBX 3,600 ($46.49) and gave the stock an outperform rating in a report on Friday, September 1st. HSBC Holdings plc reissued a buy rating and issued a GBX 3,700 ($47.79) price target on shares of Associated British Foods plc in a report on Wednesday, June 7th. Liberum Capital reissued a buy rating and issued a GBX 3,150 ($40.68) price target on shares of Associated British Foods plc in a report on Wednesday, August 30th. Finally, Shore Capital reissued a buy rating on shares of Associated British Foods plc in a report on Thursday, July 6th. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of GBX 3,230.53 ($41.72).

Associated British Foods plc (ABF) opened at 3265.00 on Wednesday. The company has a 50-day moving average of GBX 3,132.81 and a 200 day moving average of GBX 2,881.09. The firm’s market cap is GBX 25.80 billion. Associated British Foods plc has a 12-month low of GBX 2,335.00 and a 12-month high of GBX 3,343.00.

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About Associated British Foods plc

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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