LON:ABF

Associated British Foods plc (ABF.L) Share Forecast, Price & News

GBX 2,277

+28.00 (+1.24 %)

(As of 01/18/2021 01:06 PM ET)

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Today's Range

2,234.62

Now: GBX 2,277▼

2,281

50-Day Range

2,110

MA: GBX 2,250.10▼

2,365

52-Week Range

1,554

Now: GBX 2,277▼

2,730

Volume148,401 shs

Average Volume1.11 million shs

Market Capitalization£18.03 billion

P/E Ratio39.53

Dividend Yield2.34%

BetaN/A

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, 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 Sugar segment is involved in growing, processing, and sale of sugar beet and sugar cane to industrial users. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts, and cereal specialties. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer womenswear, menswear, children's wear, footwear, accessories, homeware, and skincare products. The company was founded in 1935 and is headquartered in London, the United Kingdom. Associated British Foods plc is a subsidiary of Wittington Investments Limited.

MarketRank^™

Overall MarketRank^™

1.31 out of 5 stars

1.3 Analyst's Opinion

Consensus Rating
Associated British Foods plc (ABF.L) has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 10 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 2,486, Associated British Foods plc (ABF.L) has a forecasted upside of 9.1% from its current price of GBX 2,278.
Amount of Analyst Coverage
Associated British Foods plc (ABF.L) has only been the subject of 3 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Associated British Foods plc (ABF.L) has received 1,120 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Associated British Foods plc (ABF.L) has received 783 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Associated British Foods plc (ABF.L) has received 58.85% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Associated British Foods plc (ABF.L) and other stocks. Vote “Outperform” if you believe ABF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ABF will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Associated British Foods plc (ABF.L) pays a meaningful dividend of 2.34%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Associated British Foods plc (ABF.L) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Associated British Foods plc (ABF.L) is 0.80%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Associated British Foods plc (ABF.L) insiders have sold 5,328.96% more of their company's stock than they have bought. Specifically, they have bought £154,620 in company stock and sold £8,394,265.14 in company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Associated British Foods plc (ABF.L) is 39.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Associated British Foods plc (ABF.L) is 39.55, which means that it is trading at a less expensive P/E ratio than the Consumer Goods sector average P/E ratio of about 85.98.
Price to Book Value per Share Ratio
Associated British Foods plc (ABF.L) has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange LON

Industry Food - Major Diversified

Sub-IndustryN/A

SectorConsumer Goods

Current SymbolLON:ABF

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.abf.co.uk

Phone+44-20-73996500

Employees133,000

Debt

Debt-to-Equity Ratio43.55

Current Ratio1.83

Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio39.53

Forward P/E Ratio0.15

P/E GrowthN/A

Sales & Book Value

Annual Sales£13.94 billion

Price / Sales1.29

Cash FlowGBX 262.11 per share

Price / Cash Flow8.69

Book ValueGBX 1,184.30 per share

Price / Book1.92

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares791,673,984

Market Cap£18.03 billion

Next Earnings DateN/A

OptionableNot Optionable

GBX 2,277

+28.00 (+1.24 %)

(As of 01/18/2021 01:06 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Associated British Foods plc (ABF.L) (LON:ABF) Frequently Asked Questions

How has Associated British Foods plc (ABF.L)'s stock price been impacted by COVID-19?

Associated British Foods plc (ABF.L)'s stock was trading at GBX 2,005 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ABF stock has increased by 13.4% and is now trading at GBX 2,273.
View which stocks have been most impacted by COVID-19.

Is Associated British Foods plc (ABF.L) a buy right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Associated British Foods plc (ABF.L) in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Associated British Foods plc (ABF.L) stock.
View analyst ratings for Associated British Foods plc (ABF.L) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Associated British Foods plc (ABF.L)?

Wall Street analysts have given Associated British Foods plc (ABF.L) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Associated British Foods plc (ABF.L) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How were Associated British Foods plc (ABF.L)'s earnings last quarter?

Associated British Foods plc (ABF.L) (LON:ABF) posted its quarterly earnings data on Tuesday, April, 21st. The company reported $61.80 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $61.20 by $0.60.
View Associated British Foods plc (ABF.L)'s earnings history.

Is Associated British Foods plc (ABF.L) a good dividend stock?

Associated British Foods plc (ABF.L) pays an annual dividend of GBX 0.46 per share and currently has a dividend yield of 2.34%. The dividend payout ratio of Associated British Foods plc (ABF.L) is 0.80%. This payout ratio is at a healthy, sustainable level, below 75%.
View Associated British Foods plc (ABF.L)'s dividend history.

What price target have analysts set for ABF?

15 brokers have issued 1 year price targets for Associated British Foods plc (ABF.L)'s stock. Their forecasts range from GBX 2,000 to GBX 3,200. On average, they expect Associated British Foods plc (ABF.L)'s share price to reach GBX 2,486 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
View analysts' price targets for Associated British Foods plc (ABF.L) or view Wall Street analyst' top-rated stocks.

Who are some of Associated British Foods plc (ABF.L)'s key competitors?

Some companies that are related to Associated British Foods plc (ABF.L) include Saputo Inc. (SAP.TO) (SAP), Premium Brands Holdings Co. (PBH.TO) (PBH), Maple Leaf Foods Inc. (MFI.TO) (MFI), Cranswick plc (CWK.L) (CWK), Premier Foods plc (PFD.L) (PFD), Devro plc (DVO.L) (DVO), Anpario plc (ANP.L) (ANP), Finsbury Food Group Plc (FIF.L) (FIF), Glanbia plc (GLB.L) (GLB), Zambeef Products Plc (ZAM.L) (ZAM), Ginger Beef Co. (GB.V) (GB), Hot Mama's Foods (HOTF) and Planetel Srl (PLT.MI) (PLT).
View all of ABF's competitors.

What other stocks do shareholders of Associated British Foods plc (ABF.L) own?

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

Who are Associated British Foods plc (ABF.L)'s key executives?

Associated British Foods plc (ABF.L)'s management team includes the following people:

Mr. George Garfield Weston, CEO & Exec. Director (Age 56, Pay $1.14M)
Mr. John George Bason, Fin. Director & Exec. Director (Age 62, Pay $749k)
Ms. Sue Whalley, Chief People & Performance Officer
Ms. Flic Howard-Allen, Head of External Affairs (Age 59)
Ms. Julie Withnall, Group Head of Reward
Mr. Paul A. Lister, Company Sec. (Age 56)
Mr. Paul Marchant, Chief Exec. Officer of Primark/Penneys

What is Associated British Foods plc (ABF.L)'s stock symbol?

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

How do I buy shares of Associated British Foods plc (ABF.L)?

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.

What is Associated British Foods plc (ABF.L)'s stock price today?

One share of ABF stock can currently be purchased for approximately GBX 2,273.

How big of a company is Associated British Foods plc (ABF.L)?

Associated British Foods plc (ABF.L) has a market capitalization of £17.99 billion and generates £13.94 billion in revenue each year. Associated British Foods plc (ABF.L) employs 133,000 workers across the globe.

What is Associated British Foods plc (ABF.L)'s official website?

The official website for Associated British Foods plc (ABF.L) is www.abf.co.uk.

How can I contact Associated British Foods plc (ABF.L)?

Associated British Foods plc (ABF.L)'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.

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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