ASBFY Associated British Foods Plc (PK)

32.04

0.75 (2.40%)

26 Jun 2024 - Closed

Delayed by 15 minutes

Name	Symbol	Market	Type
Associated British Foods Plc (PK)	USOTC:ASBFY	OTCMarkets	Depository Receipt

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.75	2.40%	32.04	31.35	32.56	32.56	30.88	30.88	4,906	21:00:15

Tesco, UK Retailers Gain After Broker Upgrade -- Market Talk

25/08/2023 6:48pm

Dow Jones News

Associated British Foods (PK) (USOTC:ASBFY)
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Tesco tops the FTSE 100 risers at the close and other UK retailers also gain after Barclays reportedly upgraded the UK grocer. The bank increased its target price on Tesco to 325 pence from 320p, saying it expects the company to report strong first-half results on Oct. 4. "Consumer discretionary has seen a lift today, with Tesco gaining ground on the back of a broker upgrade after Barclays modestly raised its price target, giving a lift to the rest of the sector, with Sainsbury's also higher," CMC Markets analyst Michael Hewson writes. Tesco rises 1.9% to 260p, Sainsbury's shares gain 1.3%, Primark owner Associated British Foods advances 0.5% and fashion retailer Next is up 0.4%. (philip.waller@wsj.com)

(END) Dow Jones Newswires

August 25, 2023 13:33 ET (17:33 GMT)