Associated British Foods (ABF)

Sector:

Food

Index:

FTSE 100

2,171.00p
   
  • Change Today:
      15.00p
  • 52 Week High: 2,738.00
  • 52 Week Low: 2,130.00
  • Currency: UK Pounds
  • Shares Issued: 738.63m
  • Volume: 315,614
  • Market Cap: £16,036m
  • RiskGrade: 161
  • Beta: 0.95

Tuesday preview: BoJ, ABF in the spotlight

By Alexander Bueso

Date: Tuesday 23 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Tuesday's market spotlight will be on the Bank of Japan.






Rate-setters in Tokyo are widely expected to stay put on policy, with the latest economic data "lending support to the idea that there is no rush to raise rates out of negative territory," said Michael Hewson, chief market analyst at CMC Markets UK.

In the U.S. meanwhile, investors would likely be focused on the televised debate in New Hampshire between the two remaining candidates to the Republican presidential nomination.

Also due out were preliminary results for manufacturing and services sector purchasing managers' surveys for the euro area, UK, and U.S. covering the month of January.

On the corporate agenda, Associated British Foods is scheduled to publish its first quarter results.

The Primark owner's shares had lost some momentum over the preceding few weeks, Hewson noted, amid worries that much of the good news might already be discounted in its price.

At the time of its full-year numbers, in November, ABF guided towards an increase in operating margins to over 10% in 2024 as inflation eased.

That was in conjunction to the announcement of a further £500m and a special dividend of 12.7p per share.

Tuesday 22 January

FINALS

Crest Nicholson Holdings, Watkin Jones

EGMS

SDIC Power Holdings Co.,Ltd GDR (Reg S)

AGMS

C4X Discovery Holdings , Goldplat, Marston's, Mitchells & Butlers

TRADING ANNOUNCEMENTS

Associated British Foods, Premier Foods

UK ECONOMIC ANNOUNCEMENTS

Public Sector Net Borrowing (07:00)









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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Associated British Foods Market Data

Currency UK Pounds
Share Price 2,171.00p
Change Today 15.00p
% Change 0.70 %
52 Week High 2,738.00
52 Week Low 2,130.00
Volume 315,614
Shares Issued 738.63m
Market Cap £16,036m
Beta 0.95
RiskGrade 161

Associated British Foods Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
24.46% below the market average24.46% below the market average24.46% below the market average24.46% below the market average24.46% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
3.98% below the market average3.98% below the market average3.98% below the market average3.98% below the market average3.98% below the market average
Sector averageSector averageSector averageSector averageSector average
Income
24.12% above the market average24.12% above the market average24.12% above the market average24.12% above the market average24.12% above the market average
6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average
Growth
57.72% above the market average57.72% above the market average57.72% above the market average57.72% above the market average57.72% above the market average
92.59% above the sector average92.59% above the sector average92.59% above the sector average92.59% above the sector average92.59% above the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 12
Sell 0
Strong Sell 0
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Associated British Foods Dividends

  Latest Previous
  Final Special
Ex-Div 12-Dec-24 12-Dec-24
Paid 10-Jan-25 10-Jan-25
Amount 42.30p 27.00p

Trades for 21-Nov-2024

Time Volume / Share Price
16:29 100 @ 2,171.00p
16:29 189 @ 2,171.00p
16:29 84 @ 2,171.00p
16:29 577 @ 2,171.00p
16:29 27 @ 2,171.00p

Associated British Foods Key Personnel

CEO George G Weston
Chair Michael McLintock
Finance Director Eoin Tonge

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