Associated British Foods (OTCMKTS:ASBFY) Upgraded to Hold at Zacks Research

Posted by Dante Gardener on Jan 7th, 2026

Zacks Research upgraded shares of Associated British Foods (OTCMKTS:ASBFY – Free Report) from a strong sell rating to a hold rating in a research report released on Monday,Zacks.com reports.

Several other research firms have also recently commented on ASBFY. Kepler Capital Markets raised shares of Associated British Foods from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Jefferies Financial Group downgraded Associated British Foods from a “hold” rating to an “underperform” rating in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on Associated British Foods

Associated British Foods Price Performance

Shares of ASBFY stock opened at $29.26 on Monday. Associated British Foods has a 52 week low of $22.69 and a 52 week high of $31.96. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.75 and a current ratio of 1.54. The company’s 50 day moving average price is $28.73 and its two-hundred day moving average price is $29.11.

Associated British Foods Company Profile

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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.