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Synlait Milk Ltd. ( (AU:SM1) ) has provided an announcement.
Synlait Milk Limited has revised its forecast base milk price for the 2025/26 season, reducing it from $10.00 to $9.50 per kgMS. This adjustment reflects changes in market conditions and may impact the company’s financial outlook and its stakeholders, including farmers who benefit from additional incentives for best practices.
The most recent analyst rating on (AU:SM1) stock is a Hold with a A$0.72 price target. To see the full list of analyst forecasts on Synlait Milk Ltd. stock, see the AU:SM1 Stock Forecast page.
More about Synlait Milk Ltd.
Synlait Milk Limited operates in the dairy industry, primarily focusing on producing and supplying milk products. The company is based in Canterbury, New Zealand, and is known for its commitment to best practices and special milk incentives for farmers.
Average Trading Volume: 36,777
Technical Sentiment Signal: Sell
Current Market Cap: A$361.6M
See more insights into SM1 stock on TipRanks’ Stock Analysis page.