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Associated British Foods plc 36.7% Potential Upside Indicated by Barclays Capital

Associated British Foods plc with EPIC/TICKER (LON:ABF) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Barclays Capital have set their target price at 3400 GBX on its stock. This is indicating the analyst believes there is a potential upside of 36.7% from today’s opening price of 2488 GBX. Over the last 30 and 90 trading days the company share price has increased 241 points and increased 221 points respectively. The 52 week high for the stock is 2846 GBX while the 52 week low is 2011 GBX.

Associated British Foods plc has a 50 day moving average of 2,361.34 GBX and a 200 day moving average of 2,367.59. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,145,962. Market capitalisation for LON:ABF is £19,776,021,091 GBP.