Other equities analysts have also issued research reports about the stock. Morgan Stanley upgraded shares of Associated British Foods from an equal weight rating to an overweight rating in a report on Friday, December 2nd. HSBC lowered shares of Associated British Foods from a buy rating to a hold rating in a report on Friday, October 28th. Finally, The Goldman Sachs Group upgraded shares of Associated British Foods from a sell rating to a neutral rating in a report on Thursday, December 1st. Nine investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Associated British Foods has a consensus rating of Hold and an average price target of $1,850.00.
Associated British Foods Price Performance
Shares of OTCMKTS:ASBFY opened at $23.27 on Monday. The company’s 50 day simple moving average is $20.10 and its 200 day simple moving average is $18.21. Associated British Foods has a 1 year low of $13.50 and a 1 year high of $27.86. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.93 and a quick ratio of 1.13.
Associated British Foods Increases Dividend
Associated British Foods Company Profile
Associated British Foods Plc engages in the business of manufacturing and trading of consumer goods. It operates through the following business segments: Grocery, Sugar, Agriculture, Ingredients and Retail. The Grocery segment produces beverages, sweeteners, vegetable oils, bread, baked goods, cereals, herbs and spices, and meat products.
- Get a free copy of the StockNews.com research report on Associated British Foods (ASBFY)
- Is the Northrop Grumman Selloff an Opportunity?
- Is the Worst Behind for Under Armor Stock with a New CEO?
- What Does Microsoft’s Investment in ChatGBT Mean for MSFT Stock?
- Analysts Like The Fit Of Skechers USA
- Can We Trust The Rally In The S&P 500
Receive News & Ratings for Associated British Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Associated British Foods and related companies with MarketBeat.com's FREE daily email newsletter.