Associated British Foods (LON:ABF) price target raised to GBX 2,750 by Credit Suisse Group

ME Staff
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Analyst Ratings For Associated British Foods (LON:ABF)

Today, Credit Suisse Group raised its price target on Associated British Foods (LON:ABF) to GBX 2,750 per share.

There are 12 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Associated British Foods (LON:ABF) is Buy with a consensus target price of GBX 2,889 per share, a potential .

Some recent analyst ratings include

  • 4/24/2019-Associated British Foods (LON:ABF) had its Buy rating reiterated by Liberum Capital
  • 4/24/2019-Associated British Foods (LON:ABF) had its Buy rating reiterated by Shore Capital
  • 4/23/2019-Associated British Foods (LON:ABF) had its Buy rating reiterated by UBS Group
  • 4/8/2019-Associated British Foods (LON:ABF) had its Overweight rating reiterated by JPMorgan Chase & Co. with a GBX 2,740 price target

    About Associated British Foods (LON:ABF)
    Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses. The Sugar segment is involved in growing, processing, and sale of sugar beet and sugar cane to industrial users. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts, and cereal specialties. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer womenswear, lingerie, children's wear, menswear, footwear, accessories, hosiery, beauty, and homeware. The company was founded in 1935 and is headquartered in London, the United Kingdom. Associated British Foods plc is a subsidiary of Wittington Investments Limited.

    Recent Trading Activity for Associated British Foods (LON:ABF)
    Shares of Associated British Foods closed the previous trading session at 542,00 up +36,00 1,44 % with shares trading hands.