Associated British Foods - ABF Share Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Associated British Foods in the last year. There are currently 6 hold ratings and 2 buy ratings 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.
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8 Wall Street research analysts have issued 1-year price objectives for Associated British Foods' shares. Their ABF share price forecasts range from GBX 1,750 to GBX 2,300. On average, they predict the company's stock price to reach GBX 1,976.67 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price.
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Associated British Foods' stock was trading at GBX 1,576 at the start of the year. Since then, ABF stock has increased by 21.7% and is now trading at GBX 1,918.
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Associated British Foods plc (LON:ABF) released its quarterly earnings results on Tuesday, April, 21st. The company reported $61.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $61.20 by $0.60. Associated British Foods had a net margin of 4.12% and a trailing twelve-month return on equity of 6.68%.

Associated British Foods announced a dividend on Tuesday, November 8th. Shareholders of record on Thursday, December 15th will be given a dividend of GBX 29.90 per share on Friday, January 13th. This represents a dividend yield of 2.09%. The ex-dividend date is Thursday, December 15th. This is a positive change from the stock's previous dividend of GBX 13.80. The official announcement can be viewed at this link.
Read our dividend analysis for ABF.

Associated British Foods (LON:ABF) pays an annual dividend of GBX 44 per share and currently has a dividend yield of 2.30%. The dividend payout ratio is 4,888.89%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for ABF.

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).

Associated British Foods trades on the London Stock Exchange (LON) under the ticker symbol "ABF."

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.
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One share of ABF stock can currently be purchased for approximately GBX 1,918.

Associated British Foods (LON:ABF) has a market capitalization of £14.99 billion and generates £17 billion in revenue each year. The company earns £700 million in net income (profit) each year or GBX 0.90 on an earnings per share basis.

The company employs 128,000 workers across the globe.

Associated British Foods' mailing address is Weston Centre, 10 Grosvenor Street, LONDON, W1K 4QY, United Kingdom. The official website for the company is www.abf.co.uk. The company can be reached via phone at +44-20-73996500.