It is a bit perplexing, if anyone took their actual rating seriously they would have whiplash.
I have seen some commentary around the recent Danone update.
On the positive side they said that they have seen growth and signs of recovery in the IF market.
On the concerning side, Danone have claimed gains in market share which some have speculated could be at the expense of A2M with its recent supply issues.
As usual, the broker chatter should be taken with a grain of salt. But A2's China export volumes were still lower than usual as of September 2024, so I do have some concerns personally as well.
A2M Price at posting:
$5.83 Sentiment: Hold Disclosure: Held
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