LON:ABF - Associated British Foods Share Price, Forecast & News

Associated British Foods' stock was trading at GBX 2,005 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ABF shares have decreased by 13.0% and is now trading at GBX 1,743.50. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Associated British Foods in the last year. There are currently 1 sell rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Associated British Foods.

Associated British Foods is scheduled to release its next quarterly earnings announcement on Tuesday, April 21st 2020. View our earnings forecast for Associated British Foods.

Associated British Foods plc (LON:ABF) released its earnings results on Wednesday, April, 24th. The company reported $61.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $62.00 by $0.90. View Associated British Foods' earnings history.

Associated British Foods announced a dividend on Tuesday, November 5th. Shareholders of record on Thursday, December 12th will be given a dividend of GBX 34.30 per share on Friday, January 10th. This represents a dividend yield of 1.44%. The ex-dividend date of this dividend is Thursday, December 12th. This is a boost from Associated British Foods's previous dividend of $12.05. The official announcement can be seen at this link. View Associated British Foods' dividend history.

12 Wall Street analysts have issued 12 month target prices for Associated British Foods' stock. Their forecasts range from GBX 1,800 to GBX 3,200. On average, they anticipate Associated British Foods' share price to reach GBX 2,660.45 in the next twelve months. This suggests a possible upside of 52.6% from the stock's current price. View analysts' price targets for Associated British Foods.

News articles about ABF stock have been trending very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Associated British Foods earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View the latest news aboutAssociated British Foods.

Some companies that are related to Associated British Foods include Saputo (SAP), Maple Leaf Foods (MFI), Premium Brands (PBH), Cranswick (CWK), Devro (DVO), Premier Foods (PFD), Finsbury Food Group (FIF), Anpario (ANP), Glanbia (GLB), Zambeef Products (ZAM), Ginger Beef (GB), Hot Mama's Foods (HOTF) and Parmalat (PLT).

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), tronc (TRNC), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU) and Ciena (CIEN).

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

Shares of ABF 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.

One share of ABF stock can currently be purchased for approximately GBX 1,743.50.

Associated British Foods has a market capitalization of £13.80 billion and generates £15.82 billion in revenue each year. Associated British Foods employs 137,000 workers across the globe. View additional information about Associated British Foods.

The official website for Associated British Foods is http://www.abf.co.uk/.

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