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Associated British Foods - ABF Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: GBX 2,041.67
  • Forecasted Upside: -16.56%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
GBX 2,447 As of 04/19/2024 05:35 PM ET
▲ +5 (0.20%)

This chart shows the closing price for ABF by one month, three months, or twelve months.

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Analyst Price Target for ABF

Analyst Price Target is GBX 2,041.67
▼ -16.56% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Associated British Foods in the last 3 months. The average price target is GBX 2,041.67, with a high forecast of GBX 2,250 and a low forecast of GBX 1,875. The average price target represents a -16.56% upside from the last price of GBX 2,447.

This chart shows the closing price for ABF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 4 polled investment analysts is to moderate buy stock in Associated British Foods. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/24/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/18/2024Shore CapitalReiterated RatingBuy
12/14/2023JPMorgan Chase & Co.Reiterated RatingNeutralGBX 1,875
9/13/2023JPMorgan Chase & Co.Reiterated RatingNeutralGBX 1,875
9/12/2023Shore CapitalReiterated RatingBuy
7/18/2023JPMorgan Chase & Co.Reiterated RatingNeutral
6/23/2023Shore CapitalReiterated RatingBuy
6/22/2023JPMorgan Chase & Co.Reiterated RatingNeutralGBX 1,850
6/13/2023CitigroupReiterated RatingNeutralGBX 2,000
6/6/2023Shore CapitalReiterated RatingBuy
5/16/2023Royal Bank of CanadaUpgradeOutperformGBX 2,150 ➝ GBX 2,250
2/28/2023Jefferies Financial GroupReiterated RatingHoldGBX 1,750
2/28/2023BarclaysBoost TargetEqual WeightGBX 2,000 ➝ GBX 2,300
2/28/2023Deutsche Bank AktiengesellschaftBoost TargetBuyGBX 2,180 ➝ GBX 2,300
2/28/2023JPMorgan Chase & Co.Boost TargetNeutralGBX 1,680 ➝ GBX 1,760
2/27/2023Shore CapitalReiterated RatingBuy
2/13/2023CitigroupBoost TargetNeutralGBX 1,400 ➝ GBX 1,900
1/25/2023BarclaysReiterated RatingEqual WeightGBX 2,000
1/24/2023Shore CapitalReiterated RatingBuy
12/9/2022Shore CapitalReiterated RatingBuy
11/15/2022Shore CapitalReiterated RatingBuy
11/9/2022Deutsche Bank AktiengesellschaftBoost TargetHoldGBX 1,575 ➝ GBX 1,600
11/9/2022JPMorgan Chase & Co.Reiterated RatingNeutralGBX 1,630
11/9/2022BarclaysBoost TargetEqual WeightGBX 1,500 ➝ GBX 1,700
11/3/2022Shore CapitalReiterated RatingBuy
9/21/2022Shore CapitalReiterated RatingBuy
9/12/2022Deutsche Bank AktiengesellschaftLower TargetHoldGBX 1,850 ➝ GBX 1,575
9/9/2022BarclaysReiterated RatingEqual WeightGBX 1,500
9/9/2022JPMorgan Chase & Co.Lower TargetNeutralGBX 1,900 ➝ GBX 1,630
9/6/2022Jefferies Financial GroupDowngradeHoldGBX 2,000 ➝ GBX 1,500
7/22/2022BarclaysReiterated RatingOverweightGBX 2,300
7/21/2022Shore CapitalReiterated RatingBuy
7/12/2022Shore CapitalReiterated RatingBuy
7/5/2022Deutsche Bank AktiengesellschaftLower TargetHoldGBX 1,900 ➝ GBX 1,850
6/21/2022JPMorgan Chase & Co.DowngradeNeutralGBX 1,940 ➝ GBX 1,900
6/21/2022Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 1,900
6/21/2022BarclaysBoost TargetOverweightGBX 1,647 ➝ GBX 2,300
6/20/2022Shore CapitalReiterated RatingBuy
5/30/2022Royal Bank of CanadaReiterated RatingSector PerformGBX 1,850
5/16/2022Royal Bank of CanadaReiterated RatingSector PerformGBX 1,850
5/11/2022Morgan StanleyReiterated RatingEqual Weight
5/5/2022Shore CapitalReiterated RatingBuy
5/3/2022Royal Bank of CanadaLower TargetSector PerformGBX 2,100 ➝ GBX 1,850
4/26/2022Morgan StanleyReiterated RatingEqual Weight
4/26/2022Shore CapitalReiterated RatingBuy
4/14/2022Morgan StanleyReiterated RatingEqual Weight
4/11/2022Royal Bank of CanadaReiterated RatingSector PerformGBX 2,100
4/6/2022BarclaysLower TargetOverweightGBX 2,700 ➝ GBX 2,500
3/31/2022Shore CapitalReiterated RatingBuy
3/25/2022Morgan StanleyReiterated RatingEqual Weight
3/9/2022Morgan StanleyReiterated RatingOverweight
3/1/2022Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 2,300
2/28/2022Shore CapitalReiterated RatingBuy
2/23/2022Royal Bank of CanadaReiterated RatingSector PerformGBX 2,250
2/15/2022Royal Bank of CanadaReiterated RatingSector PerformGBX 2,250
2/9/2022Morgan StanleyReiterated RatingOverweight
2/8/2022Deutsche Bank AktiengesellschaftReiterated RatingHold
1/31/2022Royal Bank of CanadaReiterated RatingSector PerformGBX 2,250
1/25/2022Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 2,300
1/20/2022Shore CapitalReiterated RatingBuy
1/20/2022Liberum CapitalReiterated RatingBuyGBX 2,600
1/17/2022BarclaysReiterated RatingOverweightGBX 2,700
12/10/2021Shore CapitalReiterated RatingBuy
12/10/2021Liberum CapitalReiterated RatingBuyGBX 2,600
11/17/2021Berenberg BankLower TargetBuyGBX 2,650 ➝ GBX 2,470
11/9/2021Deutsche Bank AktiengesellschaftBoost TargetHoldGBX 2,200 ➝ GBX 2,300
11/9/2021BarclaysReiterated RatingOverweightGBX 2,700
11/9/2021Shore CapitalReiterated RatingBuy
10/19/2021Deutsche Bank AktiengesellschaftReiterated RatingHold
9/14/2021BarclaysLower TargetOverweightGBX 3,000 ➝ GBX 2,700
9/13/2021Shore CapitalReiterated RatingBuy
8/25/2021Deutsche Bank AktiengesellschaftInitiated CoverageHoldGBX 2,200
7/20/2021Shore CapitalReiterated RatingBuy
7/1/2021Shore CapitalReiterated RatingBuy
6/11/2021Morgan StanleyBoost TargetOverweightGBX 2,800 ➝ GBX 2,900
4/21/2021Shore CapitalReiterated RatingBuy
3/2/2021Shore CapitalReiterated RatingBuy
2/16/2021Shore CapitalReiterated RatingBuy
1/4/2021Shore CapitalReiterated RatingBuy
11/3/2020Shore CapitalReiterated RatingBuy
11/3/2020BarclaysBoost TargetOverweightGBX 2,280 ➝ GBX 2,400
11/2/2020Liberum CapitalReiterated RatingNot Rated
9/28/2020Berenberg BankBoost TargetBuyGBX 2,180 ➝ GBX 2,240
9/7/2020Shore CapitalReiterated RatingBuy
8/12/2020BarclaysReiterated RatingOverweightGBX 2,300
7/30/2020Shore CapitalReiterated RatingBuy
7/6/2020Royal Bank of CanadaUpgradeSector PerformerGBX 1,800 ➝ GBX 2,200
7/6/2020JPMorgan Chase & Co.Reiterated RatingOverweight
7/3/2020UBS GroupReiterated RatingBuy
7/3/2020The Goldman Sachs GroupDowngradeNeutralGBX 2,250 ➝ GBX 2,360
7/3/2020Credit Suisse GroupBoost TargetOutperformGBX 2,200 ➝ GBX 2,530
7/2/2020Jefferies Financial GroupReiterated RatingBuyGBX 2,330
7/2/2020Shore CapitalReiterated RatingBuy
6/26/2020Jefferies Financial GroupReiterated RatingBuy
6/18/2020CitigroupReiterated RatingNeutral
6/16/2020UBS GroupReiterated RatingBuy
6/4/2020Societe GeneraleLower TargetHoldGBX 2,114 ➝ GBX 2,028
6/2/2020UBS GroupReiterated RatingBuy
6/2/2020BarclaysReiterated RatingOverweightGBX 2,300
6/2/2020CitigroupReiterated RatingBuyGBX 2,000
6/1/2020Liberum CapitalReiterated RatingUnder Review
6/1/2020Shore CapitalReiterated RatingBuy
5/27/2020Credit Suisse GroupLower TargetOutperformGBX 2,260 ➝ GBX 2,200
5/15/2020Redburn PartnersDowngradeNeutral
5/12/2020Morgan StanleyLower TargetOverweightGBX 3,200 ➝ GBX 2,800
5/11/2020Shore CapitalReiterated RatingBuy
4/23/2020Jefferies Financial GroupLower TargetBuyGBX 3,020 ➝ GBX 2,330
4/22/2020BarclaysLower TargetOverweightGBX 2,500 ➝ GBX 2,300
4/22/2020HSBCBoost TargetBuyGBX 2,345 ➝ GBX 2,425
4/20/2020JPMorgan Chase & Co.Reiterated RatingOverweightGBX 2,740
4/17/2020Shore CapitalReiterated RatingBuy
4/17/2020UBS GroupReiterated RatingBuy
4/15/2020CitigroupDowngradeNeutralGBX 2,400 ➝ GBX 2,000
4/8/2020JPMorgan Chase & Co.Reiterated RatingOverweight
4/3/2020Liberum CapitalReiterated RatingBuy
4/1/2020HSBCLower TargetBuyGBX 3,250 ➝ GBX 2,345
3/30/2020Royal Bank of CanadaDowngradeUnderperformGBX 2,000 ➝ GBX 1,800
3/27/2020Berenberg BankUpgradeBuyGBX 2,700 ➝ GBX 2,180
3/25/2020BarclaysLower TargetOverweightGBX 3,200 ➝ GBX 2,500
3/25/2020Credit Suisse GroupLower TargetOutperformGBX 2,500 ➝ GBX 2,260
3/24/2020JPMorgan Chase & Co.Reiterated RatingOverweight
3/23/2020Liberum CapitalReiterated RatingBuy
3/18/2020The Goldman Sachs GroupLower TargetBuyGBX 2,960 ➝ GBX 2,530
3/17/2020UBS GroupReiterated RatingBuy
3/16/2020Shore CapitalReiterated RatingBuy
3/16/2020Credit Suisse GroupLower TargetOutperformGBX 2,800 ➝ GBX 2,500
3/6/2020The Goldman Sachs GroupLower TargetBuyGBX 3,000 ➝ GBX 2,960
3/6/2020Royal Bank of CanadaReiterated RatingSector PerformerGBX 2,700
3/2/2020UBS GroupReiterated RatingBuy
2/27/2020Sanford C. BernsteinLower TargetOutperformGBX 3,125 ➝ GBX 3,065
2/27/2020Royal Bank of CanadaLower TargetSector PerformerGBX 2,850 ➝ GBX 2,700
2/26/2020Berenberg BankDowngradeHold
2/25/2020UBS GroupReiterated RatingBuy
2/24/2020Liberum CapitalReiterated RatingBuy
2/24/2020Shore CapitalReiterated RatingBuy
2/17/2020UBS GroupReiterated RatingBuyGBX 3,150 ➝ GBX 3,200
2/12/2020Shore CapitalReiterated RatingBuy
2/12/2020Sanford C. BernsteinInitiated CoverageOutperformGBX 3,125
2/4/2020Royal Bank of CanadaDowngradeSector PerformerGBX 2,850
1/21/2020Royal Bank of CanadaBoost TargetOutperformGBX 2,800 ➝ GBX 2,850
1/17/2020BarclaysReiterated RatingOverweight
1/16/2020Liberum CapitalReiterated RatingBuy
1/16/2020Shore CapitalReiterated RatingBuy
1/13/2020Credit Suisse GroupBoost TargetOutperformGBX 2,650 ➝ GBX 2,800
12/12/2019Shore CapitalReiterated RatingBuy
12/6/2019Shore CapitalReiterated RatingBuy
11/27/2019BarclaysReiterated RatingOverweight
11/25/2019Royal Bank of CanadaBoost TargetOutperformGBX 2,700 ➝ GBX 2,800
11/22/2019Jefferies Financial GroupBoost TargetBuyGBX 2,950 ➝ GBX 3,020
11/11/2019Royal Bank of CanadaBoost TargetOutperformGBX 2,500 ➝ GBX 2,700
11/7/2019The Goldman Sachs GroupUpgradeBuyGBX 2,500 ➝ GBX 2,750
11/6/2019UBS GroupReiterated RatingBuy
11/5/2019Liberum CapitalReiterated RatingBuyGBX 3,070
10/21/2019Berenberg BankLower TargetBuyGBX 2,800 ➝ GBX 2,700
9/25/2019BarclaysReiterated RatingOverweight
9/10/2019BarclaysReiterated RatingOverweightGBX 3,400 ➝ GBX 3,200
9/9/2019Liberum CapitalReiterated RatingBuyGBX 3,070
9/9/2019Shore CapitalReiterated RatingBuy
9/6/2019UBS GroupReiterated RatingBuy
9/5/2019JPMorgan Chase & Co.Reiterated RatingOverweightGBX 2,740
8/21/2019Jefferies Financial GroupReiterated RatingBuyGBX 2,950
8/15/2019UBS GroupReiterated RatingBuyGBX 3,150
7/29/2019Berenberg BankReiterated RatingBuyGBX 2,800
7/5/2019BarclaysReiterated RatingOverweightGBX 3,400
7/4/2019Shore CapitalReiterated RatingBuy
7/3/2019Credit Suisse GroupReiterated RatingOutperform
7/2/2019Liberum CapitalReiterated RatingBuy
7/2/2019UBS GroupReiterated RatingBuy
6/6/2019Royal Bank of CanadaLower TargetOutperformGBX 3,000 ➝ GBX 2,900
6/5/2019BarclaysReiterated RatingOverweight
5/10/2019UBS GroupReiterated RatingBuy
4/25/2019Kepler Capital MarketsBoost TargetBuyGBX 2,800 ➝ GBX 2,900
4/25/2019BarclaysReiterated RatingOverweight
4/24/2019Credit Suisse GroupBoost TargetOutperformGBX 2,630 ➝ GBX 2,750
4/24/2019Liberum CapitalReiterated RatingBuy
4/24/2019Shore CapitalReiterated RatingBuy
4/23/2019UBS GroupReiterated RatingBuy
(Data available from 4/19/2019 forward)

News Sentiment Rating

-0.04 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2023
  • 3 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2023
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2023
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/20/2024
  • 3 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/19/2024
  • 2 very positive mentions
  • 3 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
3/20/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
4/19/2024

Current Sentiment

  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Associated British Foods logo
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. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts, and cereal specialties. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Sugar segment is involved in growing, processing, and selling sugar beet and sugar cane to industrial users. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer women's, men's, and kids wear, as well as beauty, homeware, and accessories. The company was incorporated in 1934 and is headquartered in London, the United Kingdom. Associated British Foods plc operates as a subsidiary of Wittington Investments Limited.
Read More

Today's Range

Now: GBX 2,447
Low: 2,418
High: 2,447

50 Day Range

MA: GBX 2,348.74
Low: 2,232
High: 2,514

52 Week Range

Now: GBX 2,447
Low: 1,804.50
High: 2,536

Volume

766,808 shs

Average Volume

776,602 shs

Market Capitalization

£18.44 billion

P/E Ratio

1,826.12

Dividend Yield

1.88%

Beta

1.24

Frequently Asked Questions

What sell-side analysts currently cover shares of Associated British Foods?

The following Wall Street research analysts have issued research reports on Associated British Foods in the last twelve months: Citigroup Inc., JPMorgan Chase & Co., Royal Bank of Canada, and Shore Capital.
View the latest analyst ratings for ABF.

What is the current price target for Associated British Foods?

3 Wall Street analysts have set twelve-month price targets for Associated British Foods in the last year. Their average twelve-month price target is GBX 2,041.67, suggesting a possible downside of 16.6%. Royal Bank of Canada has the highest price target set, predicting ABF will reach GBX 2,250 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of GBX 1,875 for Associated British Foods in the next year.
View the latest price targets for ABF.

What is the current consensus analyst rating for Associated British Foods?

Associated British Foods currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for ABF.

What other companies compete with Associated British Foods?

Other companies that are similar to Associated British Foods include Tesco, Imperial Brands, Bunzl, Coca-Cola HBC and Reckitt Benckiser Group. Learn More about companies similar to Associated British Foods.

How do I contact Associated British Foods' investor relations team?

Associated British Foods' physical mailing address is Weston Centre, 10 Grosvenor Street, LONDON, W1K 4QY, United Kingdom. The company's listed phone number is +44-20-73996500. The official website for Associated British Foods is www.abf.co.uk. Learn More about contacing Associated British Foods investor relations.