0036 GMT - Bega Cheese is advancing toward a target of A$250 million of Ebitda by FY 2028, and Bell Potter sees the potential for a stepchange in its share price as these efforts take hold. Bega Cheese's latest move involves consolidating its Strathmerton cheese processing and packaging operations into its existing site in Bega. Bell Potter has a buy call on Bega Cheese and a A$7.00/share price target, but thinks momentum could propel it higher. "If successful in delivering on these initiatives and sustaining its historical 10-year average trading multiple then the upside remains compelling, with a likely target of A$8.00-A$8.50/share," analyst Jonathan Snape says. Bega Cheese is down 0.2% at A$5.92. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
May 07, 2025 20:36 ET (00:36 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。