About Associated British Foods plc (LON:ABF)
Associated British Foods plc is an international food, ingredients and retail company. The Company's segments include grocery, sugar, agriculture, ingredients and retail. Its geographical segments include the United Kingdom, Europe and Africa, the Americas and Asia Pacific. The grocery segment manufactures grocery products, including hot beverages, sugar and sweeteners, vegetable oils, bread and baked goods, cereals, ethnic foods, herbs and spices, and meat products, which are sold to retail, wholesale and foodservice businesses. The sugar segment is engaged in growing and processing of sugar beet and sugar cane for sale to industrial users. The agriculture segment manufactures animal feeds and the provision of other products and services for the agriculture sector. The ingredients segment manufactures bakers yeast, bakery ingredients and enzymes, among others. The retail segment buys and merchandises value clothing and accessories through the Primark and Penneys retail chains.
Industry, Sector and Symbol:
- Industry: Food Processing
- Sub-Industry: N/A
- Sector: Non-Cyclical Consumer Goods & Services
- Symbol: LON:ABF
- CUSIP: N/A
- Web: www.abf.co.uk
- Trailing EPS: GBX 1.52
- Net Margins: 7.01%
- Return on Equity: 12.97%
- Return on Assets: 8.47%
- Outstanding Shares: 791,670,000
Frequently Asked Questions for Associated British Foods plc (LON:ABF)
What is Associated British Foods plc's stock symbol?
Associated British Foods plc trades on the London Stock Exchange (LON) under the ticker symbol "ABF."
How often does Associated British Foods plc pay dividends? What is the dividend yield for Associated British Foods plc?
Associated British Foods plc declared a dividend on Tuesday, November 7th. Investors of record on Thursday, December 14th will be paid a dividend of GBX 29.65 per share on Friday, January 12th. This represents a yield of 0.97%. The ex-dividend date of this dividend is Thursday, December 14th. This is an increase from Associated British Foods plc's previous dividend of $11.35. The official announcement can be seen at this link. View Associated British Foods plc's Dividend History.
How were Associated British Foods plc's earnings last quarter?
Associated British Foods plc (LON:ABF) issued its earnings results on Tuesday, November, 7th. The company reported $127.10 EPS for the quarter, topping the consensus estimate of $125.90 by $1.20. The business had revenue of $15.36 billion for the quarter. Associated British Foods plc had a return on equity of 12.97% and a net margin of 7.01%. View Associated British Foods plc's Earnings History.
Where is Associated British Foods plc's stock going? Where will Associated British Foods plc's stock price be in 2017?
18 brokers have issued 1 year target prices for Associated British Foods plc's stock. Their predictions range from GBX 2,800 to GBX 3,700. On average, they expect Associated British Foods plc's stock price to reach GBX 3,327.53 in the next year. View Analyst Ratings for Associated British Foods plc.
Who are some of Associated British Foods plc's key competitors?
Some companies that are related to Associated British Foods plc include General Mills (GIS), Kraft Heinz Foods Co (HNZ), Hershey Company (The) (HSY), Kellogg Company (K), Archer-Daniels-Midland Company (ADM), Campbell Soup Company (CPB), Conagra Brands (CAG), McCormick & Company, Incorporated (MKC), Ingredion Incorporated (INGR), Bunge Limited (BG), AdvancePierre Foods Holdings (APFH), Darling Ingredients (DAR), B&G Foods (BGS), Central Garden & Pet Company (CENT), Cranswick plc (CWK), Greencore Group plc (GNC), MGP Ingredients (MGPI) and Dean Foods Company (DF).
Who are Associated British Foods plc's key executives?
Associated British Foods plc's management team includes the folowing people:
- George G. Weston, Chief Executive, Executive Director (Age 53)
- John George Bason, Finance Director, Executive Director (Age 60)
- Paul A. Lister, Company Secretary (Age 52)
- Charles Sinclair, Non-Executive Chairman of the Board (Age 69)
- Emma Adamo, Non-Executive Director (Age 54)
- Wolfhart G. Hauser, Non-Executive Director (Age 67)
- Ruth Cairnie, Non-Executive Independent Director (Age 63)
- Timothy Clarke, Senior Independent Non-Executive Director (Age 60)
How do I buy Associated British Foods plc stock?
Shares of Associated British Foods plc 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.
What is Associated British Foods plc's stock price today?
One share of Associated British Foods plc stock can currently be purchased for approximately GBX 3,097.
How big of a company is Associated British Foods plc?
Associated British Foods plc has a market capitalization of £24.52 billion.
How can I contact Associated British Foods plc?
Associated British Foods plc's mailing address is Weston Centre, 10 Grosvenor Street, LONDON, W1K 4QY, United Kingdom. The company can be reached via phone at +44-20-73996500.
MarketBeat Community Rating for Associated British Foods plc (LON ABF)MarketBeat's community ratings are surveys of what our community members think about Associated British Foods plc and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Associated British Foods plc (LON:ABF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 4 Hold Ratings, 13 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||GBX 3,327.53|
Consensus Price Target History for Associated British Foods plc (LON:ABF)
Analysts' Ratings History for Associated British Foods plc (LON:ABF)
(Data available from 11/21/2015 forward)
|11/21/2017||Deutsche Bank AG||Reiterated Rating||Buy||GBX 3,500|
|11/20/2017||Credit Suisse Group||Boost Price Target||Outperform||GBX 3,600 -> GBX 3,700|
|11/15/2017||J P Morgan Chase & Co||Reiterated Rating||Overweight||GBX 3,600|
|11/2/2017||HSBC Holdings PLC||Reiterated Rating||Buy||GBX 3,700|
|11/13/2017||Kepler Capital Markets||Boost Price Target||Buy||GBX 3,300 -> GBX 3,400|
|11/8/2017||Jefferies Group LLC||Reiterated Rating||Buy||GBX 3,600|
|11/7/2017||Shore Capital||Reiterated Rating||Buy|
|11/7/2017||Liberum Capital||Reiterated Rating||Buy||GBX 3,150|
|10/27/2017||Macquarie||Initiated Coverage||Underperform||GBX 2,900|
|9/22/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Buy||GBX 3,585|
|9/22/2017||Societe Generale||Boost Price Target||Buy||GBX 3,600 -> GBX 3,650|
|9/18/2017||Berenberg Bank||Boost Price Target||Hold||GBX 3,100 -> GBX 3,200|
|9/13/2017||Investec||Reiterated Rating||Buy||GBX 3,410|
|9/11/2017||Royal Bank Of Canada||Reiterated Rating||Outperform||GBX 3,500|
|8/1/2017||Barclays PLC||Reiterated Rating||Equal weight||GBX 3,150|
|4/21/2017||Numis Securities Ltd||Reiterated Rating||Hold||GBX 2,923|
|2/13/2017||Morgan Stanley||Upgrade||Overweight||GBX 2,650 -> GBX 2,800|
|1/13/2017||BNP Paribas||Downgrade||Neutral||GBX 2,900 -> GBX 2,800|
|9/15/2016||Citigroup Inc.||Boost Price Target||Neutral||GBX 2,600 -> GBX 3,000|
|9/13/2016||Beaufort Securities||Reiterated Rating||Hold|
|7/6/2016||Canaccord Genuity||Upgrade||Hold||GBX 2,725|
|1/28/2016||Sanford C. Bernstein||Reiterated Rating||Market Perform||GBX 3,200|
Earnings History and Estimates Chart for Associated British Foods plc (LON:ABF)
Earnings History by Quarter for Associated British Foods plc (LON ABF)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/7/2017||Y 2017||GBX 125.90||GBX 127.10||GBX 1,535.70 billion||View||N/A|
Earnings Estimates for Associated British Foods plc (LON:ABF)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History by Quarter for Associated British Foods plc (LON ABF)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Associated British Foods plc (LON ABF)
Insider Trades by Quarter for Associated British Foods plc (LON ABF)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/9/2017||Ruth Cairnie||Insider||Buy||876||GBX 2,489||£21,803.64|
|11/24/2016||Charles J F Sinclair||Insider||Buy||3,240||GBX 2,595||£84,078|
|7/13/2016||Reid ,Richard||Insider||Buy||3,347||GBX 2,820||£94,385.40|
|11/24/2015||Weston,George G||Insider||Sell||11,586||GBX 3,452||£399,948.72|
|4/22/2015||Ruth Cairnie||Insider||Buy||555||GBX 2,729||£15,145.95|
Latest Headlines for Associated British Foods plc (LON ABF)
|ETFs with exposure to Associated British Foods Plc : November 15, 2017|
finance.yahoo.com - November 16 at 10:32 AM
| Reaffirms "Buy" Rating for Associated British Foods plc (ABF)|
www.americanbankingnews.com - November 14 at 9:52 PM
|HSBC Holdings plc Reiterates "Buy" Rating for Associated British Foods plc (ABF)|
www.americanbankingnews.com - November 14 at 4:40 PM
|HSBC Reiterates Buy Rating for Associated British Foods plc (ABF)|
www.americanbankingnews.com - November 14 at 3:18 PM
|Associated British Foods Plc :ABF-GB: Earnings Analysis: 2017 By the Numbers : November 13, 2017|
finance.yahoo.com - November 14 at 2:53 AM
|Associated British Foods Plc :ABF-GB: Earnings Analysis: For the six months ended September 30, 2017 : November 13, 2017|
finance.yahoo.com - November 14 at 2:53 AM
|Associated British Foods' (ASBFY) CEO George Weston on Q4 2017 Results - Earnings Call Transcript|
seekingalpha.com - November 11 at 3:11 PM
|Bunzl blip and retail weakness keep FTSE feeble|
finance.yahoo.com - November 10 at 8:26 AM
|Edited Transcript of ABF.L earnings conference call or presentation 7-Nov-17 9:00am GMT|
finance.yahoo.com - November 8 at 10:18 PM
|Associated British Foods plc (ABF) Releases Quarterly Earnings Results, Beats Expectations By $1.20 EPS|
www.americanbankingnews.com - November 8 at 4:44 PM
|Primark spurs 50% profit jump at owner Associated British Foods - Financial Times|
www.ft.com - November 7 at 9:53 PM
|ABF to Raise Bread Prices, Keep Primark Costs Level|
blogs.wsj.com - November 7 at 4:50 PM
|HSBC Holdings plc Reaffirms Buy Rating for Associated British Foods plc (ABF)|
www.americanbankingnews.com - November 3 at 10:51 AM
|FTSE 100 finishes in the red, yanked lower by Next, StanChart gloom - MarketWatch|
www.marketwatch.com - November 2 at 3:23 PM
|Deutsche Bank AG Reiterates Buy Rating for Associated British Foods plc (ABF)|
www.americanbankingnews.com - October 24 at 6:32 AM
|Associated British Foods plc (ABF) Earns "Buy" Rating from Jefferies Group LLC|
www.americanbankingnews.com - October 23 at 12:58 AM
|European Discounters Are Coming for Your Retail Sales, America - Bloomberg|
www.bloomberg.com - October 16 at 3:19 PM
|Is Associated British Foods plc’s (LSE:ABF) 14.93% ROE Good Enough Compared To Its Industry?|
finance.yahoo.com - October 13 at 3:18 PM
|Global Cake Mixes Market US$1,310.7 mn by 2022 - Transparency Market Research|
www.marketwatch.com - October 12 at 3:17 PM
|Global Food Enzymes Market 2014-2017 & 2025 - $2.1 Billion Growth Opportunities/Investment Opportunities|
www.bizjournals.com - October 12 at 3:17 PM
|Conagra (CAG) Rolls Out 3 Slim Jim Premium Smoked Sticks|
finance.yahoo.com - October 12 at 3:17 PM
|May to consult business leaders on Brexit|
finance.yahoo.com - October 8 at 8:19 PM
|Associated British Foods plc (ABF) Receives Buy Rating from Deutsche Bank AG|
www.americanbankingnews.com - October 8 at 10:00 AM
|Associated British Foods plc (ABF) Receives Average Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - October 4 at 2:52 PM
|Is Associated British Foods plc’s (LSE:ABF) PE Ratio A Signal To Buy For Investors?|
finance.yahoo.com - October 2 at 3:05 PM
|Credit Suisse Group Reiterates "Outperform" Rating for Associated British Foods plc (ABF)|
www.americanbankingnews.com - October 1 at 12:40 PM
|Global Nutraceutical Ingredients Market Report 2017 - Growth, Trends and Forecasts to 2022 - Research and Markets|
www.businesswire.com - September 29 at 3:02 PM
|Credit Suisse Group Reaffirms "Outperform" Rating for Associated British Foods plc (ABF)|
www.americanbankingnews.com - September 24 at 6:32 PM
|Societe Generale Increases Associated British Foods plc (ABF) Price Target to GBX 3,650|
www.americanbankingnews.com - September 23 at 12:52 AM
|Associated British Foods plc's (ABF) Buy Rating Reiterated at Goldman Sachs Group, Inc. (The)|
www.americanbankingnews.com - September 22 at 9:02 PM
|Associated British Foods plc (ABF) Given New GBX 3,200 Price Target at Berenberg Bank|
www.americanbankingnews.com - September 20 at 10:16 PM
|Associated British Foods plc (ABF) Earns Buy Rating from Investec|
www.americanbankingnews.com - September 13 at 8:05 AM
|Associated British Foods plc (ABF) Rating Reiterated by Goldman Sachs Group, Inc. (The)|
www.americanbankingnews.com - September 12 at 12:40 AM
|[$$] ABF investors prove wet blankets as Primark weathers the storm|
finance.yahoo.com - September 11 at 8:50 PM
|UK stocks edge higher as fears over Irma, North Korea ease - MarketWatch|
www.marketwatch.com - September 11 at 3:46 PM
|This Sears Killer Just Had Another Great Quarter|
finance.yahoo.com - September 11 at 3:46 PM
|[$$] Strong summer sales boost Primark|
finance.yahoo.com - September 11 at 3:46 PM
|[$$] Clessidra Sells Balsamic Vinegar Producer to AB Foods|
finance.yahoo.com - September 11 at 3:46 PM
|Associated British Foods plc (ABF) Stock Rating Reaffirmed by Royal Bank Of Canada|
www.americanbankingnews.com - September 11 at 11:22 AM
|Associated British Foods plc (ABF) Earns "Outperform" Rating from Credit Suisse Group|
www.americanbankingnews.com - September 11 at 9:30 AM
|Associated British Foods plc (ABF) Price Target Raised to GBX 3,500|
www.americanbankingnews.com - September 9 at 1:46 PM
|Associated British Foods plc (ABF) Receives Consensus Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - September 9 at 11:04 AM
|3 Stocks I Believe Could Detonate Next Week|
finance.yahoo.com - September 8 at 3:23 PM
|Associated British Foods plc (ABF) PT Raised to GBX 3,585|
www.americanbankingnews.com - August 31 at 1:52 PM
|Jefferies Group LLC Raises Associated British Foods plc (ABF) Price Target to GBX 3,600|
www.americanbankingnews.com - August 30 at 8:08 PM
|Cereal, drinks companies often overlook risk of forced labor in sugarcane: study - Reuters|
www.reuters.com - August 30 at 3:12 PM
|Cereal, drinks companieslata often overlook risk of forced labor in sugarcane - study|
www.reuters.com - August 30 at 1:32 AM
|Cereal, drinks companieslata often overlook risk of forced labor in sugarcane - study - Reuters|
www.reuters.com - August 29 at 8:29 PM
|Associated British Foods plc (ABF) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - August 15 at 2:52 PM
|Nestlé And Associated British Foods Are Tasty Investment Morsels - Seeking Alpha|
seekingalpha.com - July 25 at 3:17 PM
Financials are not available for this stock.
Associated British Foods plc (LON ABF) Chart for Tuesday, November, 21, 2017