Home » Reports » Broker Ratings » Associated British Foods plc 6.5% Potential Upside Indicated by Credit Suisse

Associated British Foods plc 6.5% Potential Upside Indicated by Credit Suisse

Associated British Foods plc with EPIC/TICKER (LON:ABF) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set their target price at 2800 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 6.5% from today’s opening price of 2629 GBX. Over the last 30 and 90 trading days the company share price has decreased 2 points and increased 419 points respectively. The 52 week high share price is 2704.27 GBX while the 52 week low for the stock is 2078.81 GBX.

Associated British Foods plc has a 50 day moving average of 2,553.00 GBX and the 200 Day Moving Average price is recorded at 2,440.66. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,015,879. Market capitalisation for LON:ABF is £20,488,527,856 GBP.

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