A2 Milk Company Ltd (ASX: A2M)
According to a note out of Morgans, its analysts have retained their add rating but reduced their price target on this infant formula and fresh milk company’s shares to $17.28. This follows the release of an update at its annual general meeting earlier this week. While Morgans has concerns over a2 Milk’s ability to achieve its guidance in FY 2021, it believes the weakness it is experiencing now is only temporary. In addition to this, it sees the recent pullback in the a2 Milk share price as a buying opportunity for investors. The company’s shares are trading at $13.88 this afternoon.
Media Updates, page-6457
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Last
$6.72 |
Change
-0.020(0.30%) |
Mkt cap ! $4.858B | |||
| Open | High | Low | Value | Volume |
| $6.81 | $6.89 | $6.68 | $14.52M | 2.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13046 | $6.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 17123 | 4 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |