Nufarm Needs to Deliver on 'Credible' Gearing Goal -- Market Talk

Dow Jones
2025/11/20

2207 GMT - Crop-chemicals supplier Nufarm has a credible pathway to return gearing to a 2.0x range in FY 2026, from 2.7x a year earlier, Macquarie says. Still, achieving this target is key and Macquarie notes there has been slippage in the past. Nufarm suffered a setback when failing to sell its Seed Technologies business following a review. It appears investors couldn't meet Nufarm's value. "Seeds retention takes away potential near-term catalyst regarding value discovery and balance sheet de-gearing but nor was stock factoring this in," says Macquarie. It retains a neutral call on Nufarm and raises its price target by 8.6% to A$2.77/share. Nufarm ended Wednesday at A$2.37. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

November 19, 2025 17:07 ET (22:07 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

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。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10