Home » Reports » Associated British Foods plc 19.2% Potential Upside Indicated by Credit Suisse

Associated British Foods plc 19.2% Potential Upside Indicated by Credit Suisse

Associated British Foods plc using EPIC/TICKER code (LON:ABF) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set a target price of 2200 GBX on its stock. This indicates the analyst now believes there is a potential upside of 19.2% from the opening price of 1845.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 12.5 points and decreased 539.5 points respectively. The 52 week high for the stock is 2730 GBX while the year low stock price is currently 1554 GBX.

Associated British Foods plc has a 50 day moving average of 1,851.27 GBX and a 200 Day Moving Average share price is recorded at 2,299.69. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,374,770. Market capitalisation for LON:ABF is £14,832,015,818 GBP.

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