Associated British Foods PLC (OTCMKTS:ASBFY) Receives Average Recommendation of “Hold” from Brokerages

Posted by ABMN Staff on Mar 29th, 2026

Shares of Associated British Foods PLC (OTCMKTS:ASBFY – Get Free Report) have been given an average rating of “Hold” by the six ratings firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company.

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group lowered Associated British Foods from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Zacks Research downgraded shares of Associated British Foods from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Sanford C. Bernstein lowered Associated British Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Finally, Jefferies Financial Group cut Associated British Foods from a “hold” rating to an “underperform” rating in a report on Monday, December 15th.

Check Out Our Latest Research Report on Associated British Foods

Associated British Foods Price Performance

Shares of OTCMKTS ASBFY opened at $24.46 on Friday. The stock has a fifty day moving average price of $25.68 and a 200 day moving average price of $27.44. The company has a quick ratio of 0.75, a current ratio of 1.54 and a debt-to-equity ratio of 0.28. Associated British Foods has a 1-year low of $23.36 and a 1-year high of $31.96.

About Associated British Foods

(Get Free Report)

Associated British Foods plc (OTCMKTS:ASBFY) is a diversified international food, ingredients and retail group headquartered in the United Kingdom. Founded in 1935, the company operates through multiple divisions that span grocery brands, sugar production and refining, ingredient and bakery systems, agriculture and a large value-fashion retail business. Its portfolio combines branded consumer goods with industrial food and agricultural operations, giving it exposure across the consumer staples and retail sectors.

On the grocery and branded side, the group owns and markets a range of food and beverage products, including well-known tea and grocery lines, while its ingredients businesses supply yeast, bakery ingredients and other inputs to commercial bakers and food manufacturers.