Barclays Covers Appian (APPN) with $19 Target, 2 Bullish Analysts Covering Associated British Foods plc (ADR) (ASBFY)

June 19, 2017 - By Migdalia James

Among 5 analysts covering Associated British Foods (OTCMKTS:ASBFY), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Associated British Foods had 7 analyst reports since September 13, 2016 according to SRatingsIntel. The stock of Associated British Foods plc (ADR) (OTCMKTS:ASBFY) has “Hold” rating given on Friday, October 21 by Jefferies. The stock of Associated British Foods plc (ADR) (OTCMKTS:ASBFY) earned “Underperform” rating by Jefferies on Tuesday, September 13. The company was upgraded on Friday, November 11 by Societe Generale. The firm earned “Underperform” rating on Thursday, January 26 by BNP Paribas. Numis Securities downgraded Associated British Foods plc (ADR) (OTCMKTS:ASBFY) on Thursday, January 12 to “Add” rating. The rating was upgraded by Kepler Cheuvreux on Wednesday, November 9 to “Hold”. Numis Securities upgraded the stock to “Add” rating in Friday, September 23 report. See Associated British Foods plc (ADR) (OTCMKTS:ASBFY) latest ratings:

26/01/2017 Broker: BNP Paribas Old Rating: Neutral New Rating: Underperform Downgrade
12/01/2017 Broker: Numis Securities Old Rating: Buy New Rating: Add Downgrade

The stock increased 0.33% or $0.06 on June 16, reaching $18.22. About shares traded. Appian Corp (NASDAQ:APPN) has 0.00% since June 19, 2016 and is . It has underperformed by 16.70% the S&P500.

Appian Corporation provides a low-code software development platform as a service that enables organizations to develop applications. The company has market cap of $1.07 billion. Through Company’s platform, organizations can design, build and implement, enterprise-grade custom applications. It currently has negative earnings. Decision makers can reimagine their products, services, processes and customer interactions.

The stock decreased 0.44% or $0.17 on June 16, reaching $38.2. About 5,215 shares traded. Associated British Foods plc (ADR) (OTCMKTS:ASBFY) has 0.00% since June 19, 2016 and is . It has underperformed by 16.70% the S&P500.

Associated British Foods plc is an international food, ingredients and retail company. The company has market cap of $30.38 billion. The Company’s divisions include grocery, sugar, agriculture, ingredients and retail. It currently has negative earnings. The Company’s geographical divisions include the United Kingdom, Europe and Africa, the Americas and Asia Pacific.

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