Associated British Foods plc 6.5% Potential Upside Indicated by RBC Capital Markets

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Associated British Foods plc using EPIC/TICKER code (LON:ABF) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘SECTOR PERFORMER’ 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 a target price of 2200 GBX on its stock. This is indicating the analyst believes there is a potential upside of 6.5% from today’s opening price of 2066 GBX. Over the last 30 and 90 trading days the company share price has decreased 15 points and increased 192.5 points respectively. The 1 year high stock price is 2730 GBX while the 52 week low for the share price is 1554 GBX.

Associated British Foods plc has a 50 day moving average of 1,916.76 GBX and a 200 Day Moving Average share price is recorded at 2,252.58. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,442,791. Market capitalisation for LON:ABF is £16,126,403,107 GBP.

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    Associated British Foods plc reports strong financial results for the year ending 14 September 2024, showcasing impressive profitability and growth in various sectors.

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