Home » Reports » Associated British Foods plc 41.8% Potential Upside Indicated by Goldman Sachs

Associated British Foods plc 41.8% Potential Upside Indicated by Goldman Sachs

Associated British Foods plc using EPIC/TICKER code (LON:ABF) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Goldman Sachs have set a target price of 2530 GBX on its stock. This now indicates the analyst believes there is a possible upside of 41.8% from the opening price of 1784 GBX. Over the last 30 and 90 trading days the company share price has decreased 889 points and decreased 794 points respectively. The 52 week high for the stock is 2730 GBX while the year low share price is currently 1559.5 GBX.

Associated British Foods plc has a 50 day moving average of 2,515.13 GBX and the 200 Day Moving Average price is recorded at 2,433.58. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,508,190. Market capitalisation for LON:ABF is £14,024,508,151 GBP.

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