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Stocks•22 April 2026•

1 min read

Deutsche Bank Reiterates Buy for IntegraFin, Maintains Hold on Associated British Foods

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Key Facts

1Deutsche Bank reiterated a buy rating for IntegraFin (IHP) with a price target of GBX 450, suggesting a 31.46% potential upside.

2Deutsche Bank maintained a hold rating for Associated British Foods (ABF) with a target price of GBX 1,925 amid plans to demerge Primark.

Deutsche Bank has issued updated analyst ratings for two London-listed entities, reiterating a "buy" recommendation for IntegraFin (IHP) with a price target of GBX 450. This target suggests a significant potential upside of 31.46% for the financial services firm. Conversely, the bank maintained a "hold" rating for Associated British Foods (ABF), setting a price target of GBX 1,925. The neutral stance on ABF comes as the market evaluates the company's strategic plans to demerge its Primark retail division from its core food operations. These ratings reflect the bank's assessment of IntegraFin's growth trajectory versus the structural changes currently facing ABF. Investors remain focused on how the proposed Primark demerger will impact the group's long-term valuation and operational efficiency.