Home » Reports » Broker Ratings » Associated British Foods plc 12.8% Potential Upside Indicated by Jefferies International

Associated British Foods plc 12.8% Potential Upside Indicated by Jefferies International

Associated British Foods plc using EPIC/TICKER code (LON:ABF) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Jefferies International have set a target price of 2800 GBX on its stock. This is indicating the analyst believes there is a potential upside of 12.8% from the opening price of 2482 GBX. Over the last 30 and 90 trading days the company share price has increased 235 points and increased 242 points respectively. The 52 week high share price is 2846 GBX while the year low share price is currently 2011 GBX.

Associated British Foods plc has a 50 day moving average of 2,359.00 GBX and a 200 day moving average of 2,368.86. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,168,171. Market capitalisation for LON:ABF is £19,696,853,673 GBP.