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Elders Limited ( (AU:ELD) ) has issued an announcement.
Elders Limited is working towards acquiring Delta Agribusiness Pty Ltd, with the Australian Competition and Consumer Commission (ACCC) currently reviewing the proposal. Elders is optimistic about the acquisition’s potential to enhance agricultural markets by offering competitive private label options and expanded services, despite the ACCC requiring more time to assess the transaction.
The most recent analyst rating on (AU:ELD) stock is a Buy with a A$9.31 price target. To see the full list of analyst forecasts on Elders Limited stock, see the AU:ELD Stock Forecast page.
More about Elders Limited
Elders Limited operates in the agricultural industry, providing a range of products and services to farmers. The company focuses on expanding its market presence through competitive pricing, technical expertise, and diverse offerings.
Average Trading Volume: 1,010,389
Technical Sentiment Signal: Buy
Current Market Cap: A$1.42B
Find detailed analytics on ELD stock on TipRanks’ Stock Analysis page.