Associated British Foods traded at 2,123.00 this Monday August 3rd, increasing 36.00 or 1.73 percent since the previous trading session. Looking back, over the last four weeks, Associated British Foods gained 11.83 percent. Over the last 12 months, its price fell by 3.10 percent. Looking ahead, we forecast Associated British Foods to be priced at 2,047.35 by the end of this quarter and at 1,932.85 in one year, according to Trading Economics global macro models projections and analysts expectations.
Associated British Foods plc is an international food, ingredients and retail company. Its segments include grocery, sugar, agriculture, ingredients and retail. The grocery segment manufactures products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products, which are sold to retail, wholesale and foodservice businesses. The sugar segment is engaged in growing and processing of sugar beet and sugar cane for sale to industrial users and to Silver Spoon, which is included in the Grocery segment. The agriculture segment manufactures of animal feeds and the provision of other products and services for the agriculture sector. The ingredients segment is manufactures of bakers’ yeast, bakery ingredients, enzymes, lipids, yeast extracts and cereal specialties. The retail segment is engaged in buying and merchandising value clothing and accessories through the Primark and Penney's retail chains.