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An announcement from Synlait Milk Ltd. ( (AU:SM1) ) is now available.
Synlait Milk Limited has announced an optimistic forecast for the 2025/2026 milk season, setting the base milk price at $10.00 per kgMS. This reflects a positive market outlook, although geopolitical uncertainties could affect future outcomes. The company also confirmed a 25% increase in the 2024/25 forecast base milk price, maintaining its commitment to providing competitive rates to farmers.
The most recent analyst rating on (AU:SM1) stock is a Hold with a A$0.92 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, focusing on the production and supply of milk and related products. The company is based in Canterbury, New Zealand, and is known for offering competitive milk prices and incentives to farmers, aligning with industry standards.
Average Trading Volume: 31,446
Technical Sentiment Signal: Hold
Current Market Cap: A$397.5M
Find detailed analytics on SM1 stock on TipRanks’ Stock Analysis page.