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Duxton Farms Limited ( (AU:DBF) ) has shared an update.
Duxton Farms has appointed CBRE Group to sell three irrigated and dryland cropping properties near Forbes, New South Wales—‘Walla Wallah’, ‘Yarranlea’ and ‘West Plains’—along with an 8.6 gigalitre Lachlan River water portfolio, constituting a 7,061-hectare institutional-grade asset and completing the company’s exit from irrigated and dryland cropping in the state. The company expects expressions of interest by the end of March and is aiming to settle the transaction before the close of the 2026 financial year, with sale proceeds earmarked for reinvestment into its development assets in horticulture, viticulture, apiculture and its Northern Australian expansion, underscoring a strategic shift toward a broader, more diversified agricultural portfolio.
The most recent analyst rating on (AU:DBF) stock is a Sell with a A$0.72 price target. To see the full list of analyst forecasts on Duxton Farms Limited stock, see the AU:DBF Stock Forecast page.
More about Duxton Farms Limited
Duxton Farms Limited is an Australian agricultural company focused on building a diversified portfolio across sectors such as horticulture, viticulture and apiculture, with a growing emphasis on development assets and expansion in Northern Australia rather than traditional broadacre cropping operations.
Average Trading Volume: 68,287
Technical Sentiment Signal: Sell
Current Market Cap: A$82.49M
See more insights into DBF stock on TipRanks’ Stock Analysis page.