Associated British Foods plc (LON:ABF) price target lowered to GBX 2,800 by Jefferies Financial Group

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

Today, Jefferies Financial Group lowered its price target on Associated British Foods plc (LON:ABF) to GBX 2,800 per share.

There are 12 Buy Ratings, 3 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Associated British Foods plc (LON:ABF) is Buy with a consensus target price of GBX 2,882.67 per share, a potential .

Some recent analyst ratings include

  • 4/8/2019-Associated British Foods plc (LON:ABF) had its Overweight rating reiterated by JPMorgan Chase & Co. with a GBX 2,740 price target
  • 3/12/2019-Associated British Foods plc (LON:ABF) had its Buy rating reiterated by UBS Group
  • 2/25/2019-Associated British Foods plc (LON:ABF) had its Buy rating reiterated by Liberum Capital with a GBX 3,070 price target
  • 2/25/2019-Associated British Foods plc (LON:ABF) had its Buy rating reiterated by Shore Capital

    About Associated British Foods plc (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 plc (LON:ABF)
    Shares of Associated British Foods plc closed the previous trading session at 2,484.00 −7.00 0.28% with shares trading hands.