Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Synlait Milk Ltd. ( (AU:SM1) ) has provided an update.
Synlait Milk Ltd. has extended its $130 million shareholder loan from Bright Dairy International Investment Limited for another year, now maturing in July 2026. This extension is part of Synlait’s broader balance sheet reset program, which included an equity raise and bank refinancing. The company is currently working on renewing its bank refinancing facilities, which are due in September 2025.
The most recent analyst rating on (AU:SM1) stock is a Sell with a A$0.44 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 Ltd. is a company in the dairy industry based in New Zealand, focusing on milk production and related products. It is primarily owned by Bright Dairy Holding Limited, which holds a 65.25% stake in the company.
Average Trading Volume: 30,917
Technical Sentiment Signal: Hold
Current Market Cap: A$380.3M
For detailed information about SM1 stock, go to TipRanks’ Stock Analysis page.