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Associated British Foods plc 39.6% Potential Upside Indicated by Barclays Capital

Associated British Foods plc with EPIC/TICKER (LON:ABF) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Barclays Capital have set a target price of 3200 GBX on its stock. This indicates the analyst now believes there is a potential upside of 39.6% from the opening price of 2292 GBX. Over the last 30 and 90 trading days the company share price has decreased 41 points and decreased 212 points respectively. The 52 week high share price is 2659 GBX while the year low share price is currently 2011 GBX.

Associated British Foods plc has a 50 day moving average of 2,372.06 GBX and a 200 day moving average of 2,388.67. There are currently 791,674,183 shares in issue with the average daily volume traded being 991,706. Market capitalisation for LON:ABF is £17,693,917,990 GBP.