Associated British Foods (LON:ABF) Given New GBX 1,925 Price Target at Deutsche Bank Aktiengesellschaft

Associated British Foods (LON:ABF – Free Report) had its target price cut by Deutsche Bank Aktiengesellschaft from GBX 2,100 to GBX 1,925 in a report released on Thursday morning,Digital Look reports. They currently have a hold rating on the stock.

A number of other equities analysts have also commented on ABF. Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 1,650 price target on shares of Associated British Foods in a research report on Friday. Citigroup boosted their target price on shares of Associated British Foods from GBX 1,830 to GBX 1,840 and gave the stock a “sell” rating in a report on Monday, November 10th. Shore Capital lowered Associated British Foods to a “hold” rating in a research note on Friday. Finally, JPMorgan Chase & Co. cut their target price on Associated British Foods from GBX 2,095 to GBX 1,940 and set a “neutral” rating on the stock in a research report on Friday. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of GBX 1,931.

Check Out Our Latest Report on Associated British Foods

Associated British Foods Stock Up 0.5%

LON ABF traded up GBX 9 during trading on Thursday, hitting GBX 1,859. The stock had a trading volume of 2,399,021 shares, compared to its average volume of 7,529,364. The company has a market capitalization of £13.15 billion, a PE ratio of 13.13, a P/E/G ratio of 1.51 and a beta of 1.24. Associated British Foods has a 12 month low of GBX 1,818.87 and a 12 month high of GBX 2,359. The company’s 50-day moving average price is GBX 2,141.56 and its two-hundred day moving average price is GBX 2,148.77. The company has a debt-to-equity ratio of 32.88, a quick ratio of 0.93 and a current ratio of 1.78.

Associated British Foods (LON:ABF – Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The company reported GBX 174.90 earnings per share (EPS) for the quarter. Associated British Foods had a net margin of 7.25% and a return on equity of 13.07%. As a group, sell-side analysts forecast that Associated British Foods will post 188.0990415 EPS for the current year.

Insider Transactions at Associated British Foods

In other Associated British Foods news, insider George G. Weston sold 43,660 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of GBX 2,103, for a total value of £918,169.80. Also, insider Eoin Tonge sold 34,818 shares of Associated British Foods stock in a transaction dated Monday, November 17th. The stock was sold at an average price of GBX 2,103, for a total value of £732,222.54. 1.50% of the stock is owned by corporate insiders.

Key Headlines Impacting Associated British Foods

Here are the key news stories impacting Associated British Foods this week:

• Neutral Sentiment: ABF and Hovis requested the UK regulator skip the initial review and move straight to a Phase 2 takeover investigation — the move seeks to accelerate the timetable but signals the deal raises competition questions. ABF, Hovis ask UK regulator to fast-track takeover review
• Neutral Sentiment: Market commentary: ABF underperformed the market amid the sell-off, reflecting broader repositioning by investors while newsflow develops. Associated British Foods slips Thursday, underperforms market
• Negative Sentiment: Primark profit warning: Management cut guidance after a holiday trading period where fashion and beauty categories weakened, directly weakening ABF’s retail earnings outlook and prompting the share slump. Associated British Foods Shares Plunge as Primark Weakness Weighs on Outlook
• Negative Sentiment: Primark sales slump in holiday trading: Reports show declines in fashion and beauty sales across key peers, underlining sector weakness that hit Primark’s margins and sales momentum. Primark, Marks & Spencer See Fashion, Beauty Sales Shrink During Key Holiday Trading Period
• Negative Sentiment: Shares plunged (>10% intraday) after the Primark profit warning — multiple outlets highlight sharp investor reaction as analysts reassess FY profit forecasts. Associated British Foods shares plummet by over 10% after Primark profit warning
• Negative Sentiment: CMA fast-tracks Hovis takeover review to Phase 2 — regulator’s move increases takeover uncertainty, could prolong deal timeline or force remedies that affect transaction value/strategy. CMA accepts joint ABF/Hovis request to fast-track merger investigation
• Negative Sentiment: UK competition watchdog will investigate the Kingsmill owner’s planned Hovis takeover — added regulatory scrutiny raises execution risk for ABF’s M&A plans. UK competition watchdog to investigate Kingsmill owner’s planned takeover of Hovis
• Negative Sentiment: Financial press coverage (FT, Yahoo, AmericanBankingNews) emphasizes the link between Primark’s weaker trading, downgraded outlook and the share price decline — expect analyst revisions and volatility while more trading updates and CMA findings arrive. Associated British Foods (LON:ABF) Stock Price Down 10.4% – Here’s Why

About Associated British Foods

(Get Free Report)

Associated British Foods is a diversified international food, ingredients and retail group with sales of £13.9bn, 128,000 employees and operations in 53 countries across Europe, Africa, the Americas, Asia and Australia.

Our purpose is to provide safe, nutritious, affordable food, and clothing that is great value for money. With the breadth of our business, our brands and global reach, ABF aims to consistently deliver value to its stakeholders.

Our business is split into five segments: Grocery; Sugar; Agriculture; Ingredients; and Retail.

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