Home » Reports » Broker Ratings » Associated British Foods plc 8.7% Potential Upside Indicated by RBC Capital Markets

Associated British Foods plc 8.7% Potential Upside Indicated by RBC Capital Markets

Associated British Foods plc using EPIC/TICKER code (LON:ABF) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Markets. Associated British Foods plc are listed in the Consumer Goods sector within UK Main Market. RBC Capital Markets have set their target price at 2850 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 8.7% from the opening price of 2621 GBX. Over the last 30 and 90 trading days the company share price has increased 9 points and increased 419 points respectively. The 1 year high stock 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 2,582.33 GBX and the 200 Day Moving Average price is recorded at 2,444.37. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,158,438. Market capitalisation for LON:ABF is £20,821,031,012 GBP.

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