Home » Reports » Associated British Foods plc 13.2% Potential Upside Indicated by RBC Capital Markets

Associated British Foods plc 13.2% Potential Upside Indicated by RBC Capital Markets

Associated British Foods plc using EPIC/TICKER code (LON:ABF) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ today 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 a target price of 2700 GBX on its stock. This indicates the analyst now believes there is a potential upside of 13.2% from today’s opening price of 2385 GBX. Over the last 30 and 90 trading days the company share price has decreased 272 points and decreased 181 points respectively. The 1 year high share price is 2730 GBX while the 52 week low for the share price is 2078.81 GBX.

Associated British Foods plc has a 50 day moving average of 2,652.30 GBX and a 200 Day Moving Average share price is recorded at 2,460.70. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,206,154. Market capitalisation for LON:ABF is £18,707,260,944 GBP.

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