Jefferies Financial Group Weighs in on Assd Brit FOODS/ADR’s FY2021 Earnings (ASBFY)

Assd Brit FOODS/ADR (OTCMKTS:ASBFY) – Research analysts at Jefferies Financial Group issued their FY2021 earnings per share estimates for shares of Assd Brit FOODS/ADR in a research note issued on Tuesday, November 6th. Jefferies Financial Group analyst J. Grzinic forecasts that the company will earn $2.14 per share for the year.

Several other brokerages have also recently weighed in on ASBFY. Zacks Investment Research raised Assd Brit FOODS/ADR from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 12th. Berenberg Bank raised Assd Brit FOODS/ADR from a “hold” rating to a “buy” rating in a report on Thursday, October 4th. Finally, ValuEngine cut Assd Brit FOODS/ADR from a “hold” rating to a “sell” rating in a report on Tuesday, July 31st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the stock. Assd Brit FOODS/ADR currently has an average rating of “Buy” and an average price target of $34.00.

Shares of OTCMKTS:ASBFY opened at $34.40 on Thursday. The stock has a market cap of $27.08 billion, a price-to-earnings ratio of 19.54, a PEG ratio of 2.03 and a beta of 0.68. Assd Brit FOODS/ADR has a 1-year low of $29.00 and a 1-year high of $41.44. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.75 and a quick ratio of 0.89.

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, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.

Featured Article: Understanding Compound Annual Growth Rate (CAGR)

Earnings History and Estimates for Assd Brit FOODS/ADR (OTCMKTS:ASBFY)

Receive News & Ratings for Assd Brit FOODS/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Assd Brit FOODS/ADR and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply