Business
Where to next for the A2 Milk (ASX:A2M) share price? – The Motley Fool Australia
Is there any value left in the A2 Milk Company Ltd (ASX: A2M0 share price after it has been freefalling for the last 9 months? Here’s what one broker thinks.
It seems like the A2 Milk Company Ltd(ASX: A2M) share price has been left out to spoil. The last 9 months have been devastating for the company, as pantry destocking and weak China-related sales have seen its growth turn backwards. The A2 Milk share price has followed suit, falling close to 50% across the same period.
Here’s a look at A2’s recent half-year results, and what broker Bell Potter thinks could be in store for the company’s share price.
A2 Milk’s recent performance
A2 Milk’s half-year…
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