Associated British Foods (ASBFY) Receives Upgrade to Buy: Reasons Explained
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 12 2025
0mins
Source: NASDAQ.COM
Zacks Rank Upgrade: Associated British Foods PLC has been upgraded to a Zacks Rank #2 (Buy), indicating a positive outlook on its earnings estimates, which are crucial for stock price movements.
Earnings Estimate Revisions: The company's earnings estimates have been steadily increasing, with a 1.1% rise in the Zacks Consensus Estimate over the past three months, suggesting potential for stock price appreciation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
