Home » Reports » Broker Ratings » Associated British Foods plc 10.9% Potential Upside Indicated by RBC Capital Markets

Associated British Foods plc 10.9% Potential Upside Indicated by RBC Capital Markets

Associated British Foods plc with EPIC/TICKER (LON:ABF) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Markets. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. RBC Capital Markets have set their target price at 2800 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.9% from today’s opening price of 2525 GBX. Over the last 30 and 90 trading days the company share price has increased 310 points and increased 251 points respectively. The 1 year high stock price is 2587 GBX while the year low share price is currently 2011 GBX.

Associated British Foods plc has a 50 day moving average of 2,323.55 GBX and a 200 day moving average of 2,398.27. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,238,528. Market capitalisation for LON:ABF is £20,057,993,169 GBP.

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