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S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
LON:ABF

Associated British Foods (ABF) Share Price, News & Analysis

GBX 2,277
-1.00 (-0.04%)
(As of 03:08 AM ET)
Today's Range
2,277
2,282
50-Day Range
2,232
2,384
52-Week Range
1,804.50
2,485
Volume
10,777 shs
Average Volume
781,270 shs
Market Capitalization
£17.21 billion
P/E Ratio
1,699.25
Dividend Yield
2.06%
Price Target
GBX 2,079.17

Associated British Foods MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
8.7% Downside
GBX 2,079.17 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.11
Upright™ Environmental Score
News Sentiment
0.09mentions of Associated British Foods in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.35 out of 5 stars


ABF stock logo

About Associated British Foods Stock (LON:ABF)

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts, and cereal specialties. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Sugar segment is involved in growing, processing, and selling sugar beet and sugar cane to industrial users. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer women's, men's, and kids wear, as well as beauty, homeware, and accessories. The company was incorporated in 1934 and is headquartered in London, the United Kingdom. Associated British Foods plc operates as a subsidiary of Wittington Investments Limited.

ABF Stock Price History

ABF Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Associated British Foods PLC ABF
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
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Company Calendar

Last Earnings
4/21/2020
Ex-Dividend for 1/12 Dividend
12/14/2023
Dividend Payable
1/12/2024
Today
2/27/2024

Industry, Sector and Symbol

Industry
Packaged Foods
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
133,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 2,079.17
High Stock Price Target
GBX 2,300
Low Stock Price Target
GBX 1,750
Potential Upside/Downside
-8.7%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
£1.04 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£19.75 billion
Cash Flow
GBX 371.06 per share
Book Value
GBX 1,453 per share

Miscellaneous

Free Float
N/A
Market Cap
£17.22 billion
Optionable
Not Optionable
Beta
1.23
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Key Executives

  • Mr. George Garfield Weston (Age 60)
    CEO & Executive Director
    Comp: $2.3M
  • Mr. Eoin P. Tonge B Eng (Age 52)
    B.E., Finance Director & Director
    Comp: $3.83M
  • Ms. Sue Whalley
    Chief People & Performance Officer
  • Mr. Paul A. Lister (Age 60)
    Company Secretary
  • Mr. Paul Marchant
    Chief Executive Officer of Primark/Penneys
  • Ms. Lynne Walker
    Director of Primark Cares
  • Ms. Katharine Stewart
    Ethical Trade & Environmental Sustainability Director

Should I Buy Associated British Foods Stock? ABF Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Associated British Foods was last updated on Tuesday, February 27, 2024 at 3:24 PM.

Pros

Here are some ways that investors could benefit from investing in Associated British Foods plc:

  • Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide, providing a wide range of products across different segments, which can help in spreading investment risk.
  • The company has a market cap of £17.31 billion, indicating its size and stability in the market.
  • Recent insider buying and selling activities can provide insights into the confidence levels of key stakeholders within the company.
  • Associated British Foods plc has a dividend yield of 2.17%, offering investors a source of passive income.
  • The stock price of Associated British Foods plc has shown a positive trend, with a 50-day moving average price of GBX 2,358.94 and a 200-day moving average price of GBX 2,150.12, indicating potential growth.

Cons

Investors should be bearish about investing in Associated British Foods plc for these reasons:

  • The company's dividend payout ratio (DPR) is presently 3,507.46%, which may raise concerns about the sustainability of the dividend payments.
  • Associated British Foods plc has a high debt-to-equity ratio of 33.25, which could indicate higher financial risk.
  • The company's price-to-earnings ratio of 1,705.22 may suggest that the stock is overvalued compared to its earnings.
  • While the company has a diversified business model, economic downturns or disruptions in specific segments could impact overall performance.
  • Analysts have given a consensus rating of "Hold" for the stock, which may indicate limited short-term growth potential.














ABF Stock Analysis - Frequently Asked Questions

Should I buy or sell Associated British Foods stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Associated British Foods in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ABF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABF, but not buy additional shares or sell existing shares.
View ABF analyst ratings
or view top-rated stocks.

What is Associated British Foods' stock price target for 2024?

7 Wall Street research analysts have issued twelve-month price objectives for Associated British Foods' shares. Their ABF share price targets range from GBX 1,750 to GBX 2,300. On average, they predict the company's share price to reach GBX 2,079.17 in the next year. This suggests that the stock has a possible downside of 8.7%.
View analysts price targets for ABF
or view top-rated stocks among Wall Street analysts.

How have ABF shares performed in 2024?

Associated British Foods' stock was trading at GBX 2,367 at the start of the year. Since then, ABF shares have decreased by 3.8% and is now trading at GBX 2,278.
View the best growth stocks for 2024 here
.

How were Associated British Foods' earnings last quarter?

Associated British Foods plc (LON:ABF) issued its earnings results on Tuesday, April, 21st. The company reported $61.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $61.20 by $0.60. Associated British Foods had a trailing twelve-month return on equity of 9.39% and a net margin of 5.29%.

How often does Associated British Foods pay dividends? What is the dividend yield for Associated British Foods?

Associated British Foods announced a dividend on Tuesday, November 7th. Shareholders of record on Thursday, December 14th will be paid a dividend of GBX 45.80 per share on Friday, January 12th. This represents a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from the stock's previous dividend of GBX 14.20. The official announcement can be accessed at this link.
Read our dividend analysis for ABF
.

Is Associated British Foods a good dividend stock?

Associated British Foods (LON:ABF) pays an annual dividend of GBX 47 per share and currently has a dividend yield of 2.06%. The dividend payout ratio is 3,507.46%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for ABF.

What other stocks do shareholders of Associated British Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Associated British Foods investors own include Intelsat (I), Fossil Group (FOSL), Chaarat Gold (CGH), Bank of America (BAC), AMC Entertainment (AMC), First Data (FDC), HSBC (HSBA), Air Canada (AC), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

How do I buy shares of Associated British Foods?

Shares of ABF stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:ABF) was last updated on 2/28/2024 by MarketBeat.com Staff