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.
Media Updates, page-12207
-
- There are more pages in this discussion • 2,567 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.45 |
Change
-0.010(0.15%) |
Mkt cap ! $4.669B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.49 | $6.42 | $9.613M | 1.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1779 | $6.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.46 | 11650 | 2 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |