Associated British Foods (LON:ABF) Price Target Lowered to GBX 1,780 at JPMorgan Chase & Co.

Associated British Foods (LON:ABF) had its target price decreased by analysts at JPMorgan Chase & Co. from GBX 1,940 to GBX 1,780 in a note issued to investors on Wednesday,Digital Look reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential downside of 3.86% from the stock’s current price.

A number of other brokerages have also recently issued reports on ABF. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 1,650 price objective on shares of Associated British Foods in a research note on Tuesday. Shore Capital Group reaffirmed a “hold” rating on shares of Associated British Foods in a research note on Friday, April 17th. Citigroup lowered their price target on shares of Associated British Foods from GBX 1,710 to GBX 1,600 and set a “sell” rating for the company in a report on Wednesday, April 15th. Royal Bank Of Canada lowered shares of Associated British Foods to an “underperform” rating and lowered their price target for the company from GBX 2,050 to GBX 1,850 in a report on Monday, April 13th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Associated British Foods from GBX 2,100 to GBX 1,925 and set a “hold” rating for the company in a report on Thursday, January 8th. Three research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Associated British Foods has an average rating of “Reduce” and a consensus price target of GBX 1,761.

Associated British Foods Trading Up 0.9%

Shares of Associated British Foods stock traded up GBX 17 during trading on Wednesday, reaching GBX 1,851.50. The company’s stock had a trading volume of 22,291,961 shares, compared to its average volume of 10,486,017. Associated British Foods has a 52-week low of GBX 1,729.45 and a 52-week high of GBX 2,359. The company has a market cap of £13.02 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 1.51 and a beta of 0.84. The firm’s 50-day moving average is GBX 1,888.54 and its two-hundred day moving average is GBX 2,020.55. The company has a quick ratio of 0.93, a current ratio of 1.54 and a debt-to-equity ratio of 33.33.

Associated British Foods (LON:ABF) last announced its quarterly earnings data on Tuesday, April 21st. The company reported GBX 62.70 earnings per share (EPS) for the quarter. Associated British Foods had a net margin of 5.27% and a return on equity of 9.30%. The company had revenue of GBX 947 billion during the quarter. On average, sell-side analysts anticipate that Associated British Foods will post 188.0990415 earnings per share for the current year.

Associated British Foods News Roundup

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

• Positive Sentiment: ABF confirmed plans to spin off Primark into a separate business — a move investors often see as unlocking value and allowing each division to be valued on its own merits. Primark to split from food business
• Positive Sentiment: Some commentators are calling the spin‑off a buying opportunity, arguing the separation could boost shareholder value if market re‑rating occurs. Time to buy Associated British Foods?
• Neutral Sentiment: Q2 results were published showing GBX 62.70 EPS and GBX 947bn revenue; margins and ROE are steady but the release lacked forward guidance that would clearly shift sentiment. Investors will parse the conference call and slide deck for demerger timing and capital allocation details. Listen to Conference Call View Slide Deck
• Neutral Sentiment: Analysts and preview pieces are weighing expected impacts from the demerger and macro risks (e.g., geopolitical headwinds noted by management), so near‑term stock moves may be driven more by sentiment than by fundamental upgrades. Earnings report preview
• Negative Sentiment: Jefferies reaffirmed an “underperform” stance and set a GBX 1,650 price target, keeping downside pressure from a major broker. Broker view: Jefferies
• Negative Sentiment: Immediate market reaction has been weak — coverage notes the stock fell and underperformed the market following the announcements, reflecting investor caution while details/structure and timing of the demerger are clarified. MarketWatch: ABF falls

About Associated British Foods

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.