Citi hikes earnings forecast for a2 Milk ahead of 1H24 results
** Analysts at Citi estimate for ASX-listed shares of a2 Milk Co A2M.AX 1H24 net profit after tax (NPAT) of NZ$73 million ($44.64 million), down 1% from the year-ago period** Citi estimates FY24 NPAT of NZ$160 million ($97.84 million), up 3% from the year-ago period
** Analysts forecast a stronger 2H performance vs 1H
** Citi maintains "Buy" rating for the dairy producer on better-than-expected China birth rate in CY23, among others
** Co to report 1H24 earnings on Feb. 19
** Five of 10 analysts rate the stock "buy" or higher, four "hold" and one "sell"; their median PT is A$5.13 – LSEG data
** Stock fell 38.1% in 2023
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Last
$7.95 |
Change
-0.320(3.87%) |
Mkt cap ! $5.755B | |||
| Open | High | Low | Value | Volume |
| $8.25 | $8.25 | $7.95 | $11.06M | 1.377M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.99 | 13595 | 4 |
View Market Depth
| Last trade - 16.16pm 23/06/2025 (20 minute delay) ? |
| A2M (ASX) Chart |