Associated British Foods plc 4.2% Potential Upside Indicated by Societe Generale

Broker Ratings

Associated British Foods plc with EPIC/TICKER (LON:ABF) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Societe Generale. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Societe Generale have set their target price at 2028 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.2% from the opening price of 1946.5 GBX. Over the last 30 and 90 trading days the company share price has increased 194.5 points and decreased 240.5 points respectively. The 52 week high share price is 2730 GBX while the year low share price is currently 1554 GBX.

Associated British Foods plc has a 50 day moving average of 1,876.93 GBX and the 200 Day Moving Average price is recorded at 2,289.31. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,551,702. Market capitalisation for LON:ABF is £15,611,814,888 GBP.

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