Credit Suisse sticks to the view that a2 Milk Co is expanding its market share in China, as its product resonates with consumers and on the back of a significant increase in marketing spending. On a bird's eye view of the sector in China, Credit Suisse's updated modeling projects infant formula industry volumes declining -5%-7% per annum 2022-2025 inclusive. Another observation made is post the recent rally, the shares are now higher valued than global luxury goods peers, as well as ASX-listed China-focused companies. Neutral. Target $5.30. No changes have been made to forecasts.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$7.96 |
Change
0.090(1.14%) |
Mkt cap ! $5.763B | |||
| Open | High | Low | Value | Volume |
| $7.82 | $7.96 | $7.78 | $11.56M | 1.461M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1749 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.96 | 1288 | 2 |
View Market Depth
| Last trade - 16.11pm 07/08/2025 (20 minute delay) ? |
| A2M (ASX) Chart |