GrainCorp's Guidance Highlights Exposure to Global Fundamentals -- Market Talk

Dow Jones
02/03

2256 GMT - GrainCorp's disappointing annual guidance is seen at Bell Potter as likely evidence of how dependent the Australian company's returns are on global grain fundamentals. The grain handler flagged global oversupply and competition while guiding for fiscal 2026 Ebitda of between A$200 million and A$240 million, which was well short of the A$304 million anticipated by Bell Potter analyst Jonathan Snape. Snape tells clients in a note that relatively high Australian grain premiums are making marketing opportunities difficult. Bell Potter cuts its target price 11% to A$6.80 and keeps a hold rating on the stock, which is at A$6.19 ahead of the open. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

February 02, 2026 17:57 ET (22:57 GMT)

Copyright (c) 2026 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