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2 cheap FTSE 100 shares to consider buying in June


A bus awaits in front of the London Stock Exchange on a sunny day.

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How do we say if a FTSE 100 The stocks look cheap? One way is to search for stock prices that decreased this year, and this brings British -related foods (LSE: ABF) in the show.

The shares increased from their lowest level in 52 weeks in March, but we still look at a 12 -month decrease by 20 %.

A lot of pancakes?

Some weaknesses in retail fears should be facing the company’s Primark High Street series. We also have in a group of five different works here, with grocery, components, sugar and agriculture added to retail.

This brings diversification, which is good. But it can also indicate that the company lacks focus, and senior management must keep their eyes on many balls.

With the results of the first half in April, CEO George Weston said it was “”Frozen of our results in our sugar works“But the other four work well, in line with the entire year instructions.

the future

Expectations indicate a decrease in arrow’s profits for the whole year, and the stock should be restored. But analysts expect a return to profit growth that can decrease the price ratio to profits (P/E) to less than 9.5 by 2027.

Net British food reached 2.8 billion pounds on March 1, an increase of 2.5 billion pounds annually. For the maximum market of 15 billion pounds, this does not worry me much. But it is worth watching.

There are risks of retail, and perhaps lack of focus. But I think the long -term investors should think about it.

evaluation

It can also search for FTSE 100 stocks on low P/E reviews as well. This draws my attention to M & G. (LSE: mng). The M&G appears to appear in a number of my searches on various factors, such as 8.3 %.

There are P/E expectations of 10 on the cards for the current year. The closing recovery from the past few years can see that it is approaching eight by 2027.

Investment management companies are often lower and can be periodic. But the expected profit growth must cover over the next few years profits, which are expected to rise as well. The cover may be slightly thin.

The powerful look

With 2024 results issued in March, CEO Andrea Rossi spoke about “”Two new goals for the year 2025-2027: to increase the amended operating profits before tax on average by 5 % or more annually, and to generate 2.7 billion pounds from operating capital.

The president added: “I am glad to announce that we are moving today to a policy of progressive profit distribution, starting from a 2 % increase to the total distribution of profits 2024.“All this seems to be ambitious.

But the risks did not disappear. It seems that the world starts from an economic crisis related to trade to nearly on a daily basis. And if the M&G profits are not able to keep up with inflation, the shares may take another blow. But I see a decent opportunity to run here and feel that it deserves a closer look.


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