Associated British Foods plc : Buying pressure
Entry price | Target | Stop-loss | Potential |
---|
GBX 1,996.5 |
GBX 2,139 |
GBX 1,855 |
+7.14% |
---|
Associated British Foods Plc shares have recently experienced an upward movement with a return of higher volumes and volatility. This technical chart pattern suggests a continuation of the upward movement.
Summary● According to Refinitiv, the company's ESG score for its industry is good.
Strengths● The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
● With regards to fundamentals, the enterprise value to sales ratio is at 1.17 for the current period. Therefore, the company is undervalued.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● Over the past twelve months, analysts' opinions have been strongly revised upwards.
Weaknesses● The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
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