Associated British Foods PLC reiterated as Add By Numis
- Author: Eleanor Harrison Feb 28, 2017,
Feb 28, 2017, 0:29
The latest price target suggests a potential upside of 0.07% from the company's previous stock price. The firm has a 50 day moving average price of GBX 290.21 and a 200-day moving average price of GBX 281.05. The company's market cap is GBX 1.20 billion. Shore Capital reaffirmed a "hold" rating on shares of Serco Group plc in a research report on Wednesday. Pearson plc has a 52-week low of GBX 552.00 and a 52-week high of GBX 989.50. HSBC Holdings plc lowered their price objective on Stagecoach Group plc from GBX 235 ($2.93) to GBX 225 ($2.80) and set a hold rating for the company in a research note on Thursday, November 24th. Berenberg Bank boosted their target price on Safestore Holdings Plc from GBX 405 ($5.05) to GBX 415 ($5.17) and gave the stock a buy rating in a research report on Friday, January 20th. Stifel Nicolaus reiterated a "buy" rating and issued a GBX 518 ($6.37) price objective on shares of St. Modwen Properties plc in a research report on Tuesday, December 1st.
Associated British Foods plc using EPIC/TICKER code LON:ABF had its stock rating noted as "Reiterates" with the recommendation being set at "BUY" this morning by analysts at Liberum Capital. If you are viewing this news story on another site, it was copied illegally and reposted in violation of US & global trademark and copyright laws. Stockholders of record on Thursday, February 9th will be paid a GBX 3.80 ($0.05) dividend. This represents a dividend yield of 2.31%.
The stock increased +0.00% (+0.62) during the last trading session, reaching 15.00 and roughly 50597 shares were bought or sold by traders. The ex-dividend date is Thursday, April 6th. The shares were acquired at an average cost of GBX 341 ($4.25) per share, with a total value of £17,050 ($21,243.46). The Company has operations in the education, business information and consumer publishing markets. The Company operates though the following segments: IMI critical engineering, which provides flow control solutions; IMI precision engineering, which specializes in developing motion and fluid control technologies, and IMI hydronic engineering, which is engaged in designing and manufacturing technologies that delivers heating and cooling systems to the residential and commercial building sectors. It operates approximately 90 stores in the United Kingdom, over 60 of which are in London and the South East, and approximately 20 stores in Paris.