Associated British Foods plc 43.7% Potential Upside Indicated by Barclays

Broker Ratings

Associated British Foods plc using EPIC/TICKER code LON:ABF had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Barclays have set their target price at 2400 GBX on its stock. This now indicates the analyst believes there is a possible upside of 43.7% from today’s opening price of 1670.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 263 points and decreased 229 points respectively.
Associated British Foods plc LON:ABF has a 50 day moving average of 1,885.41 GBX and a 200 Day Moving Average share price is recorded at 2,001.04The 52 week high share price is 2730 GBX while the year low stock price is currently 1554 GBX. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,324,278. Market capitalisation for LON:ABF is £13,244,311,891 GBP.

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