Were Analysts Bearish Associated British Foods plc (LON:ABF) This Week?

October 13, 2017 - By wolcottdaily

 Were Analysts Bearish Associated British Foods plc (LON:ABF) This Week?

Associated British Foods plc (LON:ABF) Ratings Coverage

Among 27 analysts covering Associated British Foods PLC (LON:ABF), 15 have Buy rating, 2 Sell and 10 Hold. Therefore 56% are positive. Associated British Foods PLC had 310 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Liberum Capital on Monday, February 6. The firm has “Outperform” rating given on Friday, March 11 by BNP Paribas. The rating was maintained by BNP Paribas with “Outperform” on Tuesday, September 8. The firm has “Overweight” rating by JP Morgan given on Friday, January 15. Liberum Capital maintained it with “Buy” rating and GBX 3500 target in Monday, November 14 report. Numis Securities maintained the stock with “Hold” rating in Friday, April 21 report. The stock of Associated British Foods plc (LON:ABF) earned “Buy” rating by Beaufort Securities on Tuesday, September 8. Jefferies maintained the stock with “Buy” rating in Wednesday, August 30 report. Jefferies maintained Associated British Foods plc (LON:ABF) rating on Tuesday, September 12. Jefferies has “Buy” rating and GBX 3600 target. The stock of Associated British Foods plc (LON:ABF) has “Buy” rating given on Wednesday, August 12 by Liberum Capital. Below is a list of Associated British Foods plc (LON:ABF) latest ratings and price target changes.

11/10/2017 Broker: Deutsche Bank Rating: Buy Old Target: GBX 3500.00 New Target: GBX 3500.00 Maintain
05/10/2017 Broker: Deutsche Bank Rating: Buy Old Target: GBX 3500.00 New Target: GBX 3500.00 Maintain
27/09/2017 Broker: Credit Suisse Rating: Outperform Old Target: GBX 3600.00 New Target: GBX 3600.00 Maintain
22/09/2017 Broker: Goldman Sachs Rating: Buy Old Target: GBX 3585.00 New Target: GBX 3585.00 Maintain
22/09/2017 Broker: Societe Generale Rating: Buy Old Target: GBX 3600.00 New Target: GBX 3650.00 Maintain
18/09/2017 Broker: Berenberg Rating: Hold Old Target: GBX 3100.00 New Target: GBX 3200.00 Reiteration
19/09/2017 Broker: Credit Suisse Rating: Outperform Old Target: GBX 3600.00 New Target: GBX 3600.00 Maintain
13/09/2017 Broker: Investec Rating: Buy Old Target: GBX 3410.00 New Target: GBX 3410.00 Maintain
12/09/2017 Broker: JP Morgan Rating: Overweight Old Target: GBX 3300.00 New Target: GBX 3600.00 Maintain
12/09/2017 Broker: Deutsche Bank Rating: Buy Old Target: GBX 3500.00 New Target: GBX 3500.00 Maintain

The stock increased 0.18% or GBX 6 on October 13, reaching GBX 3344. About 452,580 shares traded. Associated British Foods plc (LON:ABF) has 0.00% since October 13, 2016 and is . It has underperformed by 16.70% the S&P500.

Associated British Foods plc is an international food, ingredients and retail company. The company has market cap of 26.47 billion GBP. The Company’s divisions include grocery, sugar, agriculture, ingredients and retail. It has a 24.03 P/E ratio. The Company’s geographical divisions include the United Kingdom, Europe and Africa, the Americas and Asia Pacific.

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