Home » Reports » Broker Ratings » Associated British Foods plc 45.1% Potential Upside Indicated by Barclays Capital

Associated British Foods plc 45.1% Potential Upside Indicated by Barclays Capital

Associated British Foods plc using EPIC/TICKER code (LON:ABF) 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 a target price of 3300 GBX on its stock. This now indicates the analyst believes there is a possible upside of 45.1% from the opening price of 2274 GBX. Over the last 30 and 90 trading days the company share price has decreased 72 points and decreased 174 points respectively. The 1 year high for the stock price is 2846 GBX while the 52 week low is 2011 GBX.

Associated British Foods plc has a 50 day moving average of 2,290.89 GBX and a 200 Day Moving Average share price is recorded at 2,429.69. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,151,156. Market capitalisation for LON:ABF is £18,081,838,339 GBP.