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Kepler Cheuvreux Downgrades Associated British Foods to Hold, Lowers PT

MT Newswires·09/16/2026 08:38:10
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08:38 AM EDT, 09/16/2026 (MT Newswires) -- Kepler Cheuvreux on Wednesday downgraded food, ingredients and retail company Associated British Foods (ABF.L) to hold from buy, while reducing its price target to 19 pounds sterling from 21 pounds. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)