Home » Reports » Associated British Foods plc 49.8% Potential Upside Indicated by Barclays Capital

Associated British Foods plc 49.8% Potential Upside Indicated by Barclays Capital

Associated British Foods plc using EPIC/TICKER code (LON:ABF) has 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 2500 GBX on its stock. This is indicating the analyst believes there is a potential upside of 49.8% from the opening price of 1669 GBX. Over the last 30 and 90 trading days the company share price has decreased 874 points and decreased 960 points respectively. The 1 year high for the share price is 2730 GBX while the year low stock price is currently 1554 GBX.

Associated British Foods plc has a 50 day moving average of 2,422.80 GBX and the 200 Day Moving Average price is recorded at 2,414.47. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,695,525. Market capitalisation for LON:ABF is £13,866,331,804 GBP.

Join us on our new LinkedIn page

Follow us on LinkedIn