Associated British Foods (ABF) Stock Forecast & Price Target

GBX 2,722.64
-7.36 (-0.27%)
(As of 03:33 PM ET)

Associated British Foods Consensus Analyst Rating 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.

Analysts' Consensus Rating

Hold
Based on 3 Analyst Ratings

Analysts' Consensus Price Target

GBX 2,125
High ForecastGBX 2,250
Average ForecastGBX 2,125
Low ForecastGBX 2,000
TypeCurrent Forecast
5/21/23 to 5/20/24
1 Month Ago
4/21/23 to 4/20/24
3 Months Ago
2/20/23 to 2/20/24
1 Year Ago
5/21/22 to 5/21/23
Consensus Rating
Hold
Moderate Buy
Hold
Hold
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)
2 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 2,125GBX 2,041.67GBX 2,079.17GBX 2,043.33
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ABF Analyst Ratings 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
2.33
2.39
Consensus RatingHoldHold
News Sentiment RatingPositive News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/30/2024JPMorgan Chase & Co.
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 Boost TargetNeutralGBX 2,000 ➝ GBX 2,250-15.29%
4/18/2024Shore Capital
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 Reiterated RatingBuy
6/13/2023Citigroup
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 Reiterated RatingNeutralGBX 2,000+8.02%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:53 AM ET.

ABF Frequently Asked Questions

What is Associated British Foods's stock forecast and purchase recommendation?

According to the research reports of 3 Wall Street analysts in the last year, the average twelve-month stock price forecast for Associated British Foods is GBX 2,125 with a high forecast of GBX 2,250 and a low forecast of GBX 2,000. The consensus rating for Associated British Foods stock is Hold based on the current 2 hold ratings and 1 buy rating for ABF. Learn more on ABF's analyst rating history.

Do Wall Street analysts like Associated British Foods more than its competitors?

Analysts like Associated British Foods less than other "consumer defensive" companies. The consensus rating score for Associated British Foods is 2.33 while the average consensus rating score for "consumer defensive" companies is 2.40. Learn more on how ABF compares to other companies.

Does Associated British Foods's stock price have much downside?

According to analysts, Associated British Foods's stock has a predicted downside of -5.72% based on their 12-month stock forecasts.

What analysts cover Associated British Foods?

Associated British Foods has been rated by research analysts at JPMorgan Chase & Co., and Shore Capital in the past 90 days.


Stock Ratings Reports and Tools

This page (LON:ABF) was last updated on 5/20/2024 by MarketBeat.com Staff

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