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Noumi Limited ( (AU:NOU) ) has shared an update.
Noumi Limited has announced the settlement of a class action lawsuit, with the Victorian Supreme Court approving the terms agreed upon in October 2024. Noumi’s insurers have paid the company’s $11.56 million contribution to the $43 million total settlement, making the settlement unconditional and releasing Noumi from further obligations related to the case.
The most recent analyst rating on (AU:NOU) stock is a Buy with a A$0.19 price target. To see the full list of analyst forecasts on Noumi Limited stock, see the AU:NOU Stock Forecast page.
More about Noumi Limited
Noumi Limited is a leading Australian FMCG company focused on producing quality, on-trend, responsibly produced dairy and plant-based beverages, nutritional products, and ingredients for the health and fitness industries. The company operates advanced manufacturing facilities in Victoria and NSW and produces key brands such as MILKLAB, Australia’s Own, So Natural, Crankt, Vital Strength, and PUREnFERRIN lactoferrin.
Average Trading Volume: 100,772
Technical Sentiment Signal: Sell
Current Market Cap: A$38.8M
For an in-depth examination of NOU stock, go to TipRanks’ Overview page.