LON:ABF

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

GBX 2,728.48
-1.52 (-0.06%)
(As of 04:43 PM ET)
Today's Range
2,717
2,741
50-Day Range
2,254
2,738
52-Week Range
1,804.50
2,765
Volume
748,923 shs
Average Volume
1.46 million shs
Market Capitalization
£20.50 billion
P/E Ratio
1,760.31
Dividend Yield
1.98%
Price Target
GBX 2,125

Associated British Foods MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
22.2% Downside
GBX 2,125 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.11
Upright™ Environmental Score
News Sentiment
0.94mentions of Associated British Foods in the last 14 days
Based on 2 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.

0.31 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

AB Foods' Primark: Search For a New CFO is Underway
Associated British Foods plc (ABF.L)
Associated British Foods PLC ABF
See More Headlines
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Company Calendar

Last Earnings
4/21/2020
Today
5/20/2024
Ex-Dividend for 7/5 Dividend
5/30/2024
Dividend Payable
7/05/2024

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 2,125
High Stock Price Target
GBX 2,250
Low Stock Price Target
GBX 2,000
Potential Upside/Downside
-22.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
£1.18 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£19.92 billion
Cash Flow
GBX 444.69 per share
Book Value
GBX 1,461 per share

Miscellaneous

Free Float
N/A
Market Cap
£20.53 billion
Optionable
Not Optionable
Beta
1.25
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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 (Age 60)
    Chief People & Performance Officer
  • Mr. Paul A. Lister L.L.B. (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

ABF Stock Analysis - Frequently Asked Questions

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

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Associated British Foods in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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?

3 Wall Street analysts have issued 12 month target prices for Associated British Foods' shares. Their ABF share price targets range from GBX 2,000 to GBX 2,250. On average, they anticipate the company's stock price to reach GBX 2,125 in the next year. This suggests that the stock has a possible downside of 22.2%.
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 stock has increased by 15.4% and is now trading at GBX 2,731.
View the best growth stocks for 2024 here
.

How were Associated British Foods' earnings last quarter?

Associated British Foods plc (LON:ABF) posted its earnings results on Tuesday, April, 21st. The company reported $61.80 EPS for the quarter, beating the consensus estimate of $61.20 by $0.60. Associated British Foods had a net margin of 5.92% and a trailing twelve-month return on equity of 10.69%.

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

Associated British Foods declared a dividend on Tuesday, April 23rd. Shareholders of record on Thursday, May 30th will be given a dividend of GBX 20.70 per share on Friday, July 5th. This represents a yield of 0.83%. The ex-dividend date is Thursday, May 30th. The official announcement can be seen 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 54 per share and currently has a dividend yield of 1.97%. The dividend payout ratio is 3,483.87%. 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 5/20/2024 by MarketBeat.com Staff

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