Associated British Foods (LON:ABF) Given New GBX 1,780 Price Target at JPMorgan Chase & Co.

Associated British Foods (LON:ABF) had its price objective lowered by JPMorgan Chase & Co. from GBX 1,940 to GBX 1,780 in a research note released on Wednesday,Digital Look reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other analysts also recently issued reports on ABF. Citigroup cut their target price on shares of 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. Royal Bank Of Canada downgraded shares of Associated British Foods to an “underperform” rating and cut their target price for the company from GBX 2,050 to GBX 1,850 in a research note on Monday, April 13th. Shore Capital Group reissued a “hold” rating on shares of Associated British Foods in a research note on Friday, April 17th. Jefferies Financial Group reissued an “underperform” rating and set a GBX 1,650 target price on shares of Associated British Foods in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Associated British Foods from GBX 2,100 to GBX 1,925 and set a “hold” rating on the stock in a research note on Thursday, January 8th. Three investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of GBX 1,761.

Associated British Foods Trading Down 0.0%

LON:ABF opened at GBX 1,852.67 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 1.54 and a debt-to-equity ratio of 33.33. Associated British Foods has a 1-year low of GBX 1,559 and a 1-year high of GBX 2,359. The firm has a market capitalization of £13.03 billion, a price-to-earnings ratio of 13.09, a price-to-earnings-growth ratio of 1.51 and a beta of 0.84. The stock has a fifty day simple moving average of GBX 1,885.73 and a 200 day simple moving average of GBX 2,019.37.

Associated British Foods (LON:ABF) last released its quarterly earnings results on Tuesday, April 21st. The company reported GBX 62.70 earnings per share for the quarter. Associated British Foods had a return on equity of 9.30% and a net margin of 5.27%.The business had revenue of GBX 947 billion during the quarter. Sell-side analysts forecast that Associated British Foods will post 188.0990415 earnings per share for the current year.

Associated British Foods News Summary

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.