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Associated British Foods ( (GB:ABF) ) just unveiled an update.
Associated British Foods PLC announced that it has 721,479,077 ordinary shares admitted to trading, each carrying one vote at general meetings. This information is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s rules, impacting how they manage their interests in the company.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2150.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
The robust financial performance and strategic corporate actions, such as share buybacks, underscore the company’s strong market position and financial health. Valuation metrics support the stock’s attractiveness, while technical factors suggest a stable market perception.
To see Spark’s full report on GB:ABF stock, click here.
More about Associated British Foods
Associated British Foods is a diversified international food, ingredients, and retail group. The company operates in various sectors including grocery, sugar, agriculture, ingredients, and retail, with a market focus on delivering quality products and services across these industries.
Average Trading Volume: 1,151,723
Technical Sentiment Signal: Strong Buy
Current Market Cap: £14.79B
For a thorough assessment of ABF stock, go to TipRanks’ Stock Analysis page.