Share Name Share Symbol Market Type Share ISIN Share Description
Associated British Foods Plc LSE:ABF London Ordinary Share GB0006731235 ORD 5 15/22P
  Price Change % Change Share Price Shares Traded Last Trade
  45.50 2.33% 1,996.50 975,981 16:35:12
Bid Price Offer Price High Price Low Price Open Price
1,990.00 1,993.00 1,996.50 1,947.00 1,949.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 15,824.00 1,173.00 111.10 18.0 15,806
Last Trade Time Trade Type Trade Size Trade Price Currency
17:49:11 O 8 1,984.75 GBX

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Associated British Foods (ABF) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-07-08 16:50:321,984.758158.78O
2020-07-08 16:49:521,957.161,09321,391.72O
2020-07-08 16:03:591,994.872,01640,216.50O
2020-07-08 15:35:121,996.501,18323,618.60AT
2020-07-08 15:35:121,996.50370,3087,393,199.22UT
View all Associated British Foods trades in real-time

Associated British Foods (ABF) Top Chat Posts

Associated British Foods Daily Update: Associated British Foods Plc is listed in the Food Producers sector of the London Stock Exchange with ticker ABF. The last closing price for Associated British Foods was 1,951p.
Associated British Foods Plc has a 4 week average price of 1,839p and a 12 week average price of 1,614.50p.
The 1 year high share price is 2,730p while the 1 year low share price is currently 0.01p.
There are currently 791,674,183 shares in issue and the average daily traded volume is 1,447,702 shares. The market capitalisation of Associated British Foods Plc is £15,805,775,063.60.
jayson26jay: why is share price 0p?
philanderer: Market report: Elsewhere, Associated British Foods was sitting pretty at the top of the FTSE 100 after it reported a rise in adjusted full-year profits as its Primark and grocery businesses offset a sharp fall in sugar earnings. Adjusted pre-tax profit rose 2% to £1.4bn on a 2% increase in group revenue to £15.8bn. Richard Hunter, head of markets at Interactive Investor, said: "AB Foods is playing to its strengths, with its two largest units doing most of the heavy lifting. "Amid the positive potential, the missing part of the jigsaw of late has been a share price which has fallen 12% over the last six months and has drifted 7% over the last year, as compared to a 3.7% gain for the wider FTSE 100. Today’s share price reaction to these results undoes some of that damage and the general market view of the shares as a buy is also a reflection of the esteem in which the company is held." ADVFN Morning Euro Markets Bulletin
philanderer: 'Associated British Foods share price: what’s the latest ahead of its full-year results' The British food processing and retail company will unveil its full-year results next week, with the company on track to meet its annual targets due to a strong performance from Primark. HTTPS://
philanderer: Berenberg note: Analysts at Berenberg reiterated their 'buy' recommendation for shares of Associated British Foods, telling clients that the combination of a valuation discount for the firm's fashion unit, Primark, and signs that the sugar price was "bottoming out" made for a good entry point into the shares. They also pointed out how the stock was - taking away the dip in the share price in December 2018 - changing hands at its lowest level since 2012. A comparison between peers' valuation multiples and those of ABF's smallest units revealed that Primark was trading at a 44.0% discount to Next - instead of the typical historical premium of 19.0%. That was "despite its superior business model (2x sales densities) and significant international growth opportunity." Furthermore, a poor back half of the year for Primark that had "spooked" investors, softness in Sterling and uncertainty around the sugar price had all weighed on the shares, the analysts said, but they went on to add that the current weakness was now more than priced in. Regarding Primark, the analysts believed that "this weakness is more than priced in, creating a buying opportunity" and went on to emphasise the company's "unique" business model and said that the international opportunity for the unit was "underappreciated". "We forecast international to drive a 5% revenue and 4% EBITDA CAGR for Primark over the next three years, compared with 3% and 0% respectively for Next," they said in a research note sent to clients. As an aside, given ABF's dominance of the UK sugar market and proposed changes to the UK import tariff regime, they believed that ABF would be a net beneficiary in the event of a hard Brexit. Analysts Michelle Wilson, Graham Renwick and Michael Benedict did however trim their target price for the shares from 2,800.0p to 2,700.0p. HTTPS://
essentialinvestor: On fundamentals there are a couple of factors to keep in mind. Firstly, the de-rating in PER terms has followed the slowdown in Primark UK's extraordinary decade plus growth rates. Without that growth and a below market yield (even at the current share price) the shares were vulnerable to a multiple de-rating. The US market may eventually be a growth driver, however that's too early to call. Whether younger consumers begin to question buying high volume disposable clothing needs to be monitored - I'm not sure that will happen. Any GBP strength is supportive.
philanderer: EI , I did and also noticed the last few minutes share price reaction as well :-O
tlobs2: Not sure about the logic of the depressed share price falling further on the news that the profits will be in line with previous predictions ! The Worlds gone mad :-)
tlobs2: Share price rising again. You'll probably not hear from the Old Queen today :-)
mozy123: Jefferies eyes ‘ideal opportunity’ to buy ABF Jefferies has maintained its ‘buy’ rating on Associated British Foods (ABF) ahead of a market update from the food group and Primark owner next month, believing the bad news surrounding the stock to be priced in. ‘ABF’s 10 September pre-close update should reiterate ongoing sugar pricing pressures and pre-empt input challenges to Primark’s margin,’ said analyst James Grzinic. ‘We believe the shares already price in these commodity-related, temporary challenges. We remain on ‘buy’ and believe current conditions represent an ideal opportunity for fundamental investors to get involved.’ Grzinic cut his estimates of Primark’s margins, resulting in his target price falling from £32 to £28, still ahead of yesterday’s £23.20 share price. He has pinned his ‘buy’ case on potentially improving margins and international expansion for Primark, an easing of the European sugar market and the shares’ ‘valuation attraction’, on less than 17 times 2019 earnings.
hjs: Bank of England statement today should push £ e/rate higher and in return ABF share price should move higher... long for today
Associated British Foods share price data is direct from the London Stock Exchange
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