Home » Reports » Broker Ratings » Associated British Foods plc 19.1% Potential Upside Indicated by Deutsche Bank

Associated British Foods plc 19.1% Potential Upside Indicated by Deutsche Bank

Associated British Foods plc with EPIC/TICKER (LON:ABF) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set their target price at 3100 GBX on its stock. This now indicates the analyst believes there is a possible upside of 19.1% from the opening price of 2603 GBX. Over the last 30 and 90 trading days the company share price has decreased 92 points and increased 108 points respectively. The 1 year high stock price is 3387 GBX while the 52 week low for the stock is 2386 GBX.

Associated British Foods plc has a 50 day moving average of 2,753.60 GBX and a 200 day moving average of 2,848.96. There are currently 791,674,176 shares in issue with the average daily volume traded being 1,323,354. Market capitalisation for LON:ABF is £21,022,433,011 GBP.

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