ASSOCIATED BRITISH FOODS PLC ADR EACH CNV INTO 1 ORD GBP0.0568(ASBFY) Stock Price Today

28.870
+0.630+2.23%

15min DelayTrading Apr 16 15:12 ET

20.78BMarket Cap11.26P/E (TTM)

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Moomoo AI

Jan 23, 2024 17:39

RBC Capital Markets predicts healthy short-term sales for Primark, with strong margin improvement by FY 2024/2025. Jefferies finds AB Foods' guidance reassuring despite price headwinds. Barclays sees Primark returning to prepandemic margins, with 10% as a floor. Quilter Cheviot notes a sales and volumes slowdown, suggesting close monitoring of results.

Market Talk Roundup: AB Foods Backs Primark Guidance After Robust Christmas

Moomoo AI

Nov 7, 2023 16:07

AB Foods predicts a rebound in Primark's operating profit margins due to reduced material and freight costs, but this is contingent on consumer demand. Even amidst inflation, the company sees less pressures and retail volatility compared to last year.

AB Foods Sees Strong Primark Margin Recovery, Launches Buyback -- Update

Analysts Notebook

Jan 15, 2022 15:12

Columns Bloomberg Intelligence: 10 company stocks to watch in 2022 (1)

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