Associated British Foods (LON:ABF) Posts Earnings Results

Associated British Foods (LON:ABF - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported GBX 71 ($0.94) EPS for the quarter, Digital Look Earnings reports. Associated British Foods had a net margin of 7.25% and a return on equity of 13.07%.

Associated British Foods Stock Performance

LON:ABF opened at GBX 2,028 ($26.94) on Friday. The firm has a market cap of £14.62 billion, a PE ratio of 10.33, a P/E/G ratio of 1.51 and a beta of 1.24. The company has a debt-to-equity ratio of 32.88, a current ratio of 1.78 and a quick ratio of 0.93. Associated British Foods has a 1-year low of GBX 1,818.87 ($24.16) and a 1-year high of GBX 2,770.66 ($36.81). The firm has a 50 day simple moving average of GBX 1,977.77 and a 200-day simple moving average of GBX 2,055.48.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Shore Capital restated an "under review" rating on shares of Associated British Foods in a research report on Tuesday. Royal Bank of Canada reissued an "outperform" rating and issued a GBX 2,300 ($30.56) price objective on shares of Associated British Foods in a research report on Tuesday, January 28th.

About Associated British Foods

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.

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