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Australian Broker Call Report
A2MTARGET PRICE $8.30 |
Accumulate09 Jul 2026 Morgans |
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Morgans believes a2 Milk Co's preliminary unaudited FY26 update was better than feared. Strength across the broader portfolio offset a sharp decline in China Label infant formula sales caused by ... |
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A2MTARGET PRICE $8.50 |
Outperform08 Jul 2026 Macquarie |
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Macquarie points out China label sales for FY26 are down -14% y/y which implies they were down by -33% y/y for 2H26 due to the stock availability issues which a2 Milk Co noted "necessitated... |
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A2MTARGET PRICE $7.00 |
Neutral08 Jul 2026 Citi |
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Citi continues to flag potential downside risk to FY27 consensus earnings forecasts. The analyst believes management has considerable work to win new customers and win back lost customers post the ... |
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A2MTARGET PRICE $9.00 |
Overweight08 Jul 2026 Morgan Stanley |
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a2 Milk Co has indicated supply issues which were affecting China label products over the 4Q26 have now been fixed. Management stated "product flows to distributors and retailers have ... |
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