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Associated British Foods plc 21.5% Potential Upside Indicated by Jefferies International

Associated British Foods plc with EPIC/TICKER (LON:ABF) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Jefferies International. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Jefferies International have set their target price at 3020 GBX on its stock. This indicates the analyst now believes there is a potential upside of 21.5% from today’s opening price of 2486 GBX. Over the last 30 and 90 trading days the company share price has increased 289 points and increased 212 points respectively. The 52 week high for the stock is 2587 GBX while the 52 week low for the share price is 2011 GBX.

Associated British Foods plc has a 50 day moving average of 2,316.54 GBX and a 200 day moving average of 2,396.57. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,284,944. Market capitalisation for LON:ABF is £20,005,606,604 GBP.