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Synlait Milk Ltd. ( (AU:SM1) ) has shared an update.
Synlait Milk Ltd. has announced that it is in discussions regarding its North Island assets, though no binding terms have been agreed upon and there is no certainty of a transaction. The company will update the market as required by its disclosure obligations but will not address further media speculation.
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. operates in the dairy industry, focusing on producing high-quality milk products. It is based in New Zealand and is known for its milk supply and corporate affairs.
Average Trading Volume: 19,155
Technical Sentiment Signal: Sell
Current Market Cap: A$318.5M
See more data about SM1 stock on TipRanks’ Stock Analysis page.