Associated British Foods (LON:ABF) Price Target Cut to GBX 1,925 by Analysts at Deutsche Bank Aktiengesellschaft

Associated British Foods (LON:ABF) had its target price dropped by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 2,100 to GBX 1,925 in a research note issued to investors on Thursday,Digital Look reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 3.55% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on the stock. Citigroup upped their price target on shares of Associated British Foods from GBX 1,830 to GBX 1,840 and gave the company a “sell” rating in a report on Monday, November 10th. JPMorgan Chase & Co. lowered their target price on Associated British Foods from GBX 2,095 to GBX 1,940 and set a “neutral” rating on the stock in a report on Friday. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 1,650 price target on shares of Associated British Foods in a report on Friday. Finally, Shore Capital cut shares of Associated British Foods to a “hold” rating in a research note on Friday. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of GBX 1,931.

Associated British Foods Stock Performance

Associated British Foods stock traded up GBX 9 during trading hours on Thursday, reaching GBX 1,859. 2,399,021 shares of the company were exchanged, compared to its average volume of 7,529,364. Associated British Foods has a 12 month low of GBX 1,818.87 and a 12 month high of GBX 2,359. The company has a current ratio of 1.78, a quick ratio of 0.93 and a debt-to-equity ratio of 32.88. The stock has a 50-day moving average of GBX 2,141.56 and a 200 day moving average of GBX 2,148.77. The firm has a market cap of £13.15 billion, a price-to-earnings ratio of 13.13, a PEG ratio of 1.51 and a beta of 1.24.

Associated British Foods (LON:ABF) last issued its quarterly earnings data on Tuesday, November 4th. The company reported GBX 174.90 earnings per share for the quarter. Associated British Foods had a net margin of 7.25% and a return on equity of 13.07%. As a group, research analysts anticipate that Associated British Foods will post 188.0990415 earnings per share for the current year.

Insider Transactions at Associated British Foods

In other news, insider George G. Weston sold 43,660 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of GBX 2,103, for a total transaction of £918,169.80. Also, insider Eoin Tonge sold 34,818 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of GBX 2,103, for a total transaction of £732,222.54. 1.50% of the stock is currently owned by company insiders.

Associated British Foods News Roundup

Here are the key news stories impacting Associated British Foods this week:

• Neutral Sentiment: ABF and Hovis requested the UK regulator skip the initial review and move straight to a Phase 2 takeover investigation — the move seeks to accelerate the timetable but signals the deal raises competition questions. ABF, Hovis ask UK regulator to fast-track takeover review
• Neutral Sentiment: Market commentary: ABF underperformed the market amid the sell-off, reflecting broader repositioning by investors while newsflow develops. Associated British Foods slips Thursday, underperforms market
• Negative Sentiment: Primark profit warning: Management cut guidance after a holiday trading period where fashion and beauty categories weakened, directly weakening ABF’s retail earnings outlook and prompting the share slump. Associated British Foods Shares Plunge as Primark Weakness Weighs on Outlook
• Negative Sentiment: Primark sales slump in holiday trading: Reports show declines in fashion and beauty sales across key peers, underlining sector weakness that hit Primark’s margins and sales momentum. Primark, Marks & Spencer See Fashion, Beauty Sales Shrink During Key Holiday Trading Period
• Negative Sentiment: Shares plunged (>10% intraday) after the Primark profit warning — multiple outlets highlight sharp investor reaction as analysts reassess FY profit forecasts. Associated British Foods shares plummet by over 10% after Primark profit warning
• Negative Sentiment: CMA fast-tracks Hovis takeover review to Phase 2 — regulator’s move increases takeover uncertainty, could prolong deal timeline or force remedies that affect transaction value/strategy. CMA accepts joint ABF/Hovis request to fast-track merger investigation
• Negative Sentiment: UK competition watchdog will investigate the Kingsmill owner’s planned Hovis takeover — added regulatory scrutiny raises execution risk for ABF’s M&A plans. UK competition watchdog to investigate Kingsmill owner’s planned takeover of Hovis
• Negative Sentiment: Financial press coverage (FT, Yahoo, AmericanBankingNews) emphasizes the link between Primark’s weaker trading, downgraded outlook and the share price decline — expect analyst revisions and volatility while more trading updates and CMA findings arrive. Associated British Foods (LON:ABF) Stock Price Down 10.4% – Here’s Why

Associated British Foods Company Profile

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.