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Associated British Foods ( (GB:ABF) ) has shared an announcement.
Associated British Foods PLC announced that it has 718,759,411 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.
Associated British Foods has a strong financial foundation with stable profitability and low leverage, contributing positively to its score. Technical analysis suggests a stable market position, while valuation metrics indicate a fair price relative to earnings. Ongoing corporate actions like share buybacks are positive, but risks in the Sugar business and leadership changes at Primark present challenges. These factors collectively result in a balanced overall stock score.
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 focus on delivering quality products and services across its markets.
Average Trading Volume: 1,173,619
Technical Sentiment Signal: Buy
Current Market Cap: £14.87B
See more insights into ABF stock on TipRanks’ Stock Analysis page.