Goldman Cut Gives Primark Owner Most Sell Ratings in 10 Years

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Why This Matters

Goldman Sachs has downgraded Associated British Foods, the owner of Primark, to a sell rating, resulting in the highest number of sell ratings the company has received in 10 years, driven by concerns over Primark's performance.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Stock-market pessimism toward Associated British Foods Plc has hit a decade-high as concerns stack up over the UK conglomerate’s Primark fashion chain.

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Original article published by Bloomberg on January 12, 2026.
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