Home » Reports » Associated British Foods plc 24.4% Potential Upside Indicated by Credit Suisse

Associated British Foods plc 24.4% Potential Upside Indicated by Credit Suisse

Associated British Foods plc with EPIC/TICKER (LON:ABF) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set their target price at 2530 GBX on its stock. This indicates the analyst now believes there is a potential upside of 24.4% from today’s opening price of 2034 GBX. Over the last 30 and 90 trading days the company share price has increased 76.5 points and increased 282.5 points respectively. The 52 week high for the share price is currently at 2730 GBX while the 52 week low for the share price is 1554 GBX.

Associated British Foods plc has a 50 day moving average of 1,914.29 GBX and the 200 Day Moving Average price is recorded at 2,254.09. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,469,194. Market capitalisation for LON:ABF is £16,023,485,463 GBP.

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