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Associated British Foods (ABF) Stock Forecast & Price Target

Associated British Foods logo
GBX 2,186 -57.00 (-2.54%)
(As of 11/15/2024 12:39 PM ET)

Associated British Foods - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
1
Buy
1

Based on 3 Wall Street analysts who have issued ratings for Associated British Foods in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 1 has given a sell rating, 1 has given a hold rating, and 1 has given a buy rating for ABF.

Consensus Price Target

GBX 2,220
According to the 3 analysts' twelve-month price targets for Associated British Foods, the average price target is GBX 2,220. The highest price target for ABF is GBX 2,250, while the lowest price target for ABF is GBX 2,190. The average price target represents a forecasted upside of 1.56% from the current price of GBX 2,186.
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ABF Analyst Ratings Over Time

TypeCurrent Forecast
11/18/23 to 11/17/24
1 Month Ago
10/19/23 to 10/18/24
3 Months Ago
8/20/23 to 8/19/24
1 Year Ago
11/18/22 to 11/18/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 2,220GBX 2,220GBX 2,250GBX 2,079.17
Consensus Rating
Hold
Hold
Moderate Buy
Hold

ABF Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ABF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Associated British Foods Stock vs. The Competition

TypeAssociated British FoodsConsumer Defensive Companies
Consensus Rating Score
2.00
2.49
Consensus RatingHoldHold
News Sentiment Rating
Neutral News

See Recent ABF News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/3/2024Shore Capital
1 of 5 stars
 Reiterated RatingBuy
8/27/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 DowngradeSellGBX 2,290 ➝ GBX 2,190-12.33%
4/30/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetNeutralGBX 2,000 ➝ GBX 2,250-15.29%
6/13/2023Citigroup
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 Reiterated RatingNeutralGBX 2,000+8.02%
5/16/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeOutperformGBX 2,150 ➝ GBX 2,250+18.29%
2/28/2023Jefferies Financial Group
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 Reiterated RatingHoldGBX 1,750-12.56%
2/28/2023Barclays
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 Boost TargetEqual WeightGBX 2,000 ➝ GBX 2,300+14.92%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 07:19 AM ET.


ABF Forecast - Frequently Asked Questions

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Associated British Foods is GBX 2,220, with a high forecast of GBX 2,250 and a low forecast of GBX 2,190.

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Associated British Foods in the last twelve months. There is currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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.

According to analysts, Associated British Foods's stock has a predicted upside of 1.56% based on their 12-month stock forecasts.

Over the previous 90 days, Associated British Foods's stock had 1 downgrade by analysts.

Associated British Foods has been rated by research analysts at Deutsche Bank Aktiengesellschaft, and Shore Capital in the past 90 days.

Analysts like Associated British Foods less than other "consumer defensive" companies. The consensus rating score for Associated British Foods is 2.00 while the average consensus rating score for "consumer defensive" companies is 2.49. Learn more on how ABF compares to other companies.


This page (LON:ABF) was last updated on 11/17/2024 by MarketBeat.com Staff
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