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Associated British Foods PLC (LON:ABF) Stock Rating Reaffirmed at Liberum Capital; The GBX 3500.00 Target Indicates 26.26% Potential; Hopfed Bancorp (HFBC) Sentiment Is 1

HopFed Bancorp, Inc. operates as the bank holding firm for Heritage Bank USA, Inc. that provides various banking services and products. The company has market cap of $95.68 million. It accepts various deposit products, including money market accounts, passbook savings accounts, individual retirement accounts, certificates of deposit, and interest-bearing demand deposits and time deposits. It has a 24.83 P/E ratio. The firm also offers various loans comprising one-to-four family residential mortgage loans, multi-family residential and non-residential real estate loans, construction loans, commercial real estate loans, commercial loans, consumer loans, and loans secured by savings deposits, as well as automobile loans, home equity loans, and home improvement loans.

London: In an analyst note issued to clients and investors on 31 January, Liberum Capital reaffirmed their Buy rating on shares of Associated British Foods PLC (LON:ABF). They currently have a GBX 3500.00 target price on the firm. Liberum Capital’s target means a potential upside of 26.26% from the company’s previous close.

Among 27 analysts covering Associated British Foods PLC (LON:ABF), 15 have Buy rating, 3 Sell and 9 Hold. Therefore 56% are positive. Associated British Foods PLC has GBX 4000 highest and GBX 2300 lowest target. GBX 3287.21’s average target is 18.63% above currents GBX 2771 stock price. Associated British Foods PLC had 343 analyst reports since August 4, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and GBX 3300 target in Wednesday, November 4 report. The rating was maintained by Shore Capital with “Hold” on Tuesday, November 3. Jefferies maintained it with “Buy” rating and GBX 3600 target in Wednesday, November 8 report. Barclays Capital maintained Associated British Foods plc (LON:ABF) rating on Thursday, February 18. Barclays Capital has “Overweight” rating and GBX 3300 target. Canaccord Genuity maintained Associated British Foods plc (LON:ABF) on Thursday, January 14 with “Sell” rating. The company was maintained on Thursday, April 28 by Goldman Sachs. Berenberg downgraded Associated British Foods plc (LON:ABF) on Monday, October 19 to “Hold” rating. Credit Suisse maintained the stock with “Outperform” rating in Friday, September 1 report. Liberum Capital maintained Associated British Foods plc (LON:ABF) rating on Wednesday, April 26. Liberum Capital has “Buy” rating and GBX 3150 target. The firm earned “Overweight” rating on Tuesday, September 12 by JP Morgan.

The stock decreased 0.40% or GBX 11 during the last trading session, reaching GBX 2771. About 193,922 shares traded. Associated British Foods plc (LON:ABF) has 0.00% since January 31, 2017 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 21.84 billion GBP. It operates through five divisions: Grocery, Sugar, Agriculture, Ingredients, and Retail. It has a 18.28 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.

The stock decreased 0.73% or $0.11 during the last trading session, reaching $14.9. About 401 shares traded. HopFed Bancorp, Inc. (HFBC) has risen 35.45% since January 31, 2017 and is uptrending. It has outperformed by 18.75% the S&P500.

Since January 1, 0001, it had 1 insider purchase, and 0 insider sales for $6,995 activity.

Oppenheimer & Close Llc holds 2.23% of its portfolio in HopFed Bancorp, Inc. for 148,888 shares. Gendell Jeffrey L owns 327,728 shares or 0.38% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.19% invested in the company for 50,000 shares. The Florida-based Deprince Race & Zollo Inc has invested 0.16% in the stock. Pinnacle Holdings Llc, a Oklahoma-based fund reported 21,682 shares.

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