FTSE 100 news / Companies and sectors / Associated British Foods / 18 October 2026
Associated British Foods (ABF): news on Sunday 18 October 2026
−6.3 strongly negative
Coverage was mainly about Penneys, Primark's Irish brand, recalling a Halloween decoration over an asbestos risk, which reflects badly on the company. A broker note keeping its price target just below the share price was broadly neutral.
What drove it
- Penneys asbestos recall
- Halloween decoration warning
- Shore Capital price target
The 3 stories
- −8.3 'Stop use' warning issued as Penneys recall popular Halloween decoration over asbestos risk
Penneys stop-use warning over asbestos in Halloween decoration. - −8.3 Penneys urgently recalls popular Halloween decoration over asbestos risk
Penneys (Primark) product recall over asbestos risk harms reputation. - +0.8 Shore Capital keeps GBp 1,910 for AB Foods stock at GBp 1,942.50 on October 16 - ad-hoc-news.de
Broker keeps target price just below share price; neutral.
Associated British Foods: every day · Consumer staples on 18 October 2026 · FTSE 100 overview for the day