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An update from Associated British Foods ( (GB:ABF) ) is now available.
Associated British Foods plc has announced that it has 717,730,997 ordinary shares admitted to trading, each carrying one vote at general meetings. This update is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s rules, as the company holds no shares in treasury.
The most recent analyst rating on (GB:ABF) stock is a Buy with a £2650.00 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 showcases strong financial performance and effective capital management through share buybacks, leading to a positive stock outlook. Technical indicators support the bullish sentiment, enhancing the overall score. The valuation remains attractive, balancing growth potential with reasonable pricing.
To see Spark’s full report on GB:ABF stock, click here.
More about Associated British Foods
Average Trading Volume: 998,173
Technical Sentiment Signal: Strong Buy
Current Market Cap: £15.85B
For an in-depth examination of ABF stock, go to TipRanks’ Overview page.