Shore Capital reaffirmed their buy rating on shares of Associated British Foods (LON:ABF – Free Report) in a report issued on Tuesday morning, Marketbeat Ratings reports.
Separately, Deutsche Bank Aktiengesellschaft cut Associated British Foods to a sell rating and lowered their target price for the stock from GBX 2,290 ($30.11) to GBX 2,190 ($28.80) in a research note on Tuesday, August 27th.
Read Our Latest Stock Report on Associated British Foods
Associated British Foods Trading Down 3.7 %
Insiders Place Their Bets
In other Associated British Foods news, insider Dame Heather Rabbatts purchased 395 shares of the firm’s stock in a transaction on Monday, June 24th. The stock was bought at an average cost of GBX 2,512 ($33.03) per share, with a total value of £9,922.40 ($13,047.21). 57.88% of the stock is owned by company insiders.
About Associated British Foods
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.
Read More
- Five stocks we like better than Associated British Foods
- Pros And Cons Of Monthly Dividend Stocks
- Does GTA VI Make Take-Two Interactive Stock an Irresistible Buy?
- Earnings Per Share Calculator: How to Calculate EPS
- Why HPE’s Dip Is a Prime Opportunity for Blue-Chip AI Investors
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Why Analysts See Big Upside for Occidental Petroleum Despite Lows
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.