Several other equities research analysts have also recently commented on ASBFY. Goldman Sachs Group raised shares of ASSD BRIT FOODS/ADR from a neutral rating to a buy rating in a research report on Wednesday, November 6th. Zacks Investment Research raised shares of ASSD BRIT FOODS/ADR from a hold rating to a buy rating and set a $37.00 price target on the stock in a research report on Tuesday, December 3rd.
Shares of OTCMKTS:ASBFY opened at $32.74 on Tuesday. The company’s 50-day moving average price is $31.35 and its two-hundred day moving average price is $30.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.82 and a quick ratio of 1.05. ASSD BRIT FOODS/ADR has a one year low of $25.49 and a one year high of $34.30.
ASSD BRIT FOODS/ADR Company Profile
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.
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