Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Associated British Foods (LON:ABF – Free Report) in a research note published on Wednesday,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a GBX 1,925 target price on the stock.
ABF has been the topic of several other reports. Jefferies Financial Group restated an “underperform” rating and set a GBX 1,650 price objective on shares of Associated British Foods in a research note on Tuesday. Citigroup reduced their price objective on Associated British Foods from GBX 1,710 to GBX 1,600 and set a “sell” rating on the stock in a research note on Wednesday, April 15th. Shore Capital Group restated a “hold” rating on shares of Associated British Foods in a research note on Friday, April 17th. Royal Bank Of Canada cut Associated British Foods to an “underperform” rating and reduced their price objective for the stock from GBX 2,050 to GBX 1,850 in a research note on Monday, April 13th. Finally, JPMorgan Chase & Co. reduced their price objective on Associated British Foods from GBX 1,940 to GBX 1,780 and set a “neutral” rating on the stock in a research note on Wednesday. Three equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of GBX 1,761.
View Our Latest Analysis on Associated British Foods
Associated British Foods Stock Performance
Associated British Foods (LON:ABF – Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The company reported GBX 62.70 earnings per share (EPS) for the quarter. Associated British Foods had a return on equity of 9.30% and a net margin of 5.27%.The firm had revenue of GBX 947 billion for the quarter. Equities research analysts forecast that Associated British Foods will post 188.0990415 EPS for the current year.
Trending Headlines about Associated British Foods
Here are the key news stories impacting Associated British Foods this week:
- Positive Sentiment: ABF confirmed it will separate Primark into a standalone retail company in 2027 — a move investors expect could unlock value by creating two pure-play businesses (retail and food), improving strategic focus and making each business easier to value. Primark Will Become Stand-alone Retailer
- Neutral Sentiment: Quarterly results: ABF reported GBX 62.70 EPS, revenue reported in the release and a net margin around 5.27% (ROE 9.3%). Results provide detail on current performance but did not dramatically change guidance — supports the case for the demerger but is mixed on near-term profit momentum. Earnings Release
- Neutral Sentiment: Deutsche Bank reaffirmed a “hold” rating with a GBX 1,925 price target — a steady institutional view that implies limited upside from current levels absent clearer post‑demerger forecasts. Deutsche Bank Hold Reaffirmed
- Negative Sentiment: JPMorgan cut its price target from GBX 1,940 to GBX 1,780 and kept a “neutral” rating — a downward adjustment that may weigh on sentiment as analysts reprice risk/earnings assumptions. JPMorgan Price Target Cut
- Negative Sentiment: Jefferies reaffirmed an “underperform” stance with a GBX 1,650 target — another bearish broker view that could cap upside while the market digests the demerger timeline and near-term risks (including geopolitical comments in company communications). Jefferies Underperform
- Negative Sentiment: Market headlines flagged that ABF underperformed the market and declined on the initial spin‑off announcement day — showing short‑term volatility as investors re‑balance exposure to food vs. retail risk. MarketWatch Coverage
About Associated British Foods
Associated British Foods is a diversified international food, ingredients and retail group with sales of £13.9bn, 128,000 employees and operations in 53 countries across Europe, Africa, the Americas, Asia and Australia.
Our purpose is to provide safe, nutritious, affordable food, and clothing that is great value for money. With the breadth of our business, our brands and global reach, ABF aims to consistently deliver value to its stakeholders.
Our business is split into five segments: Grocery; Sugar; Agriculture; Ingredients; and Retail.
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