Associated British Foods’ (ABF) “Underperform” Rating Reaffirmed at Jefferies Financial Group

Posted by George Bondi on Jul 1st, 2026

Associated British Foods (LON:ABF – Get Free Report)‘s stock had its “underperform” rating restated by investment analysts at Jefferies Financial Group in a research note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 1,650 price target on the stock. Jefferies Financial Group’s target price suggests a potential downside of 13.45% from the company’s previous close.

A number of other brokerages have also issued reports on ABF. Royal Bank Of Canada lowered Associated British Foods to an “underperform” rating and dropped their target price for the stock from GBX 2,050 to GBX 1,850 in a research report on Monday, April 13th. Citigroup reduced their price target on Associated British Foods from GBX 1,450 to GBX 1,410 and set a “sell” rating for the company in a report on Tuesday, June 16th. JPMorgan Chase & Co. lowered their price objective on Associated British Foods from GBX 1,940 to GBX 1,780 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. UBS Group restated a “neutral” rating and set a GBX 2,050 price objective on shares of Associated British Foods in a report on Friday, June 26th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Associated British Foods from GBX 1,925 to GBX 1,850 and set a “hold” rating on the stock in a research report on Tuesday, May 26th. Four equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of GBX 1,765.

View Our Latest Research Report on ABF

Associated British Foods Stock Down 4.0%

ABF traded down GBX 79.50 during trading hours on Wednesday, reaching GBX 1,906.50. 6,767,360 shares of the stock traded hands, compared to its average volume of 13,232,239. Associated British Foods has a fifty-two week low of GBX 1,729.45 and a fifty-two week high of GBX 2,359. The company has a market cap of £13.34 billion, a price-to-earnings ratio of 14.31, a PEG ratio of 1.51 and a beta of 0.81. The company has a debt-to-equity ratio of 32.63, a current ratio of 1.51 and a quick ratio of 0.93. The firm’s fifty day simple moving average is GBX 1,862.68 and its two-hundred day simple moving average is GBX 1,912.80.

Associated British Foods (LON:ABF – Get Free Report) last issued its quarterly earnings data on Wednesday, June 17th. The company reported GBX 174.90 EPS for the quarter. The firm had revenue of GBX 1,945.90 billion for the quarter. Associated British Foods had a net margin of 4.89% and a return on equity of 8.44%. As a group, analysts forecast that Associated British Foods will post 188.0990415 earnings per share for the current fiscal year.

Insider Activity at Associated British Foods

In related news, insider Loraine Woodhouse purchased 1,074 shares of Associated British Foods stock in a transaction dated Wednesday, April 22nd. The shares were acquired at an average price of GBX 1,853 per share, with a total value of £19,901.22. Insiders own 1.52% of the company’s stock.

About Associated British Foods

(Get Free Report)

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.