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Australian Broker Call Report
A2MTARGET PRICE $7.85 |
Buy28 Jun 2024 Citi |
Citi believes a2 Milk Co may have performed well with infant milk formula sales during the June 18 shopping festival, considering it was a top seller on Tmall and Pinduoduo. It's felt IMF ... |
A2MTARGET PRICE $5.70 |
Neutral06 May 2024 Macquarie |
A combination of increased 2023 marriages, post-covid catch-up and the Year of the Dragon drives positivity around a lift in the 2024 Chinese birth rate, though market volumes for infant formula... |
A2MTARGET PRICE - |
Buy02 May 2024 UBS |
UBS has been positive on recovery and growth prospects for a2 Milk Co for quite a while and recently reiterated to the broker's clientele that Buy rating is supported by a forecast increase ... |
A2MTARGET PRICE $5.70 |
Hold23 Apr 2024 Bell Potter |
With three listed Chinese infant milk formulas having recently reported, Bell Potter notes an average revenue growth decline of -20% year-on-year and an average contribution margin ... |
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