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Associated British Foods PLC (LON:ABF) “Outperform” Rating Maintained by Analysts at Credit Suisse; The Target Price is Set to GBX 3700.00; Shorts at ATLANTA GOLD (ATLDF) Lowered By 98.62%

London: In an analyst report issued on Thursday morning, Credit Suisse restate their “Outperform” rating on shares of Associated British Foods PLC (LON:ABF). They currently have a GBX 3700.00 target price per share on the company. Credit Suisse’s target would suggest a potential upside of 27.15% from the company’s previous close.

ATLANTA GOLD INCORPORATED (OTCMKTS:ATLDF) had a decrease of 98.62% in short interest. ATLDF’s SI was 200 shares in December as released by FINRA. Its down 98.62% from 14,500 shares previously. With 3,500 avg volume, 0 days are for ATLANTA GOLD INCORPORATED (OTCMKTS:ATLDF)’s short sellers to cover ATLDF’s short positions. It closed at $0.0316 lastly. It is down 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

The stock decreased 0.51% or GBX 15 during the last trading session, reaching GBX 2905. About 110,336 shares traded. Associated British Foods plc (LON:ABF) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Associated British Foods plc operates as a diversified food, ingredients, and retail firm worldwide. The company has market cap of 22.90 billion GBP. It operates through five divisions: Grocery, Sugar, Agriculture, Ingredients, and Retail. It has a 19.16 P/E ratio. The Grocery segment makes and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, bread and baked goods, cereals, ethnic foods, herbs and spices, and meat products to retail, wholesale, and foodservice businesses.

Among 27 analysts covering Associated British Foods PLC (LON:ABF), 14 have Buy rating, 3 Sell and 10 Hold. Therefore 52% are positive. Associated British Foods PLC has GBX 4000 highest and GBX 2300 lowest target. GBX 3294.29’s average target is 13.40% above currents GBX 2905 stock price. Associated British Foods PLC had 328 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Thursday, December 7. The rating was maintained by Beaufort Securities on Tuesday, September 13 with “Hold”. Liberum Capital maintained the shares of ABF in report on Monday, November 2 with “Buy” rating. The firm has “Overweight” rating given on Tuesday, November 10 by J.P. Morgan. The stock of Associated British Foods plc (LON:ABF) earned “Buy” rating by Liberum Capital on Tuesday, April 19. Liberum Capital maintained Associated British Foods plc (LON:ABF) rating on Tuesday, January 5. Liberum Capital has “Buy” rating and GBX 3750 target. The stock of Associated British Foods plc (LON:ABF) earned “Buy” rating by Liberum Capital on Tuesday, July 11. On Tuesday, November 3 the stock rating was maintained by Morgan Stanley with “Overwt/Cautious”. The firm has “Equal Weight” rating given on Tuesday, November 28 by Morgan Stanley. As per Friday, July 21, the company rating was maintained by HSBC.

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