0057 GMT - Nufarm is reviewing its Seed Technologies business and Bell Potter thinks a sale would be a material catalyst for the stock. It thinks a breakup could realize between A$3.73/share and A$5.16/share in value. Analyst Jonathan Snape says that assessment is based on multiples that he considers to be conservative. "An exit from Seeds would likely highlight a crop protection business trading at a 25-50% discount to peers," Bell Potter says. It has a buy call and A$3.45/share price target on Nufarm, which is up 4.5% at A$2.34. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
June 15, 2025 20:57 ET (00:57 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.