GrainCorp's Stock Fall Looks Too Deep Following Downpour -- Market Talk

Dow Jones

06/01

2311 GMT - Ord Minnett elevates GrainCorp to buy, from accumulate, following heavy rain along Australia's east coast. Analyst John Lawlor says the rain underwrites a FY27 winter crop. He notes that in mid-May significant areas of northern New South Wales and Queensland didn't appear to have sufficient soil moisture profiles to plant. At the time, the weather forecast suggested a dry winter and the chance of El Nino. "However, the relieving rains of the past two weeks have washed away these fears, and while the FY27 crop is likely to be smaller than FY26, it is now unlikely to be a disaster," Ord Minnett says. "This makes the 21% retracement in Graincorp's share price since May 14 seem a significant overreaction." Its price target stays at A$7.25/share. GrainCorp ended Friday at A$4.93. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

May 31, 2026 19:11 ET (23:11 GMT)

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

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/hans/news/2640989342"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2640989342\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2640989342?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-01 07:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2640989342","market":"nz","top_or_hot":-1,"title":"GrainCorp's Stock Fall Looks Too Deep Following Downpour -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2311 GMT - Ord Minnett elevates GrainCorp to buy, from accumulate, following heavy rain along Australia's east coast. Analyst John Lawlor says the rain underwrites a FY27 winter crop. He notes that in mid-May significant areas of northern New South Wales and Queensland didn't appear to have sufficient soil moisture profiles to plant. At the time, the weather forecast suggested a dry winter and the chance of El Nino. \"However, the relieving rains of the past two weeks have washed away these fears, and while the FY27 crop is likely to be smaller than FY26, it is now unlikely to be a disaster,\" Ord Minnett says. \"This makes the 21% retracement in Graincorp's share price since May 14 seem a significant overreaction.\" Its price target stays at A$7.25/share. GrainCorp ended Friday at A$4.93. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 31, 2026 19:11 ET (23:11 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GrainCorp's Stock Fall Looks Too Deep Following Downpour -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrainCorp's Stock Fall Looks Too Deep Following Downpour -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-01 07:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2311 GMT - Ord Minnett elevates GrainCorp to buy, from accumulate, following heavy rain along Australia's east coast. Analyst John Lawlor says the rain underwrites a FY27 winter crop. He notes that in mid-May significant areas of northern New South Wales and Queensland didn't appear to have sufficient soil moisture profiles to plant. At the time, the weather forecast suggested a dry winter and the chance of El Nino. \"However, the relieving rains of the past two weeks have washed away these fears, and while the FY27 crop is likely to be smaller than FY26, it is now unlikely to be a disaster,\" Ord Minnett says. \"This makes the 21% retracement in Graincorp's share price since May 14 seem a significant overreaction.\" Its price target stays at A$7.25/share. GrainCorp ended Friday at A$4.93. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 31, 2026 19:11 ET (23:11 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7117","symbol_name":"农产品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640989342","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640989342","pubTimestamp":1780269060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2311 GMT - Ord Minnett elevates GrainCorp to buy, from accumulate, following heavy rain along Australia's east coast. Analyst John Lawlor says the rain underwrites a FY27 winter crop. He notes that in mid-May significant areas of northern New South Wales and Queensland didn't appear to have sufficient soil moisture profiles to plant. At the time, the weather forecast suggested a dry winter and the chance of El Nino. \"However, the relieving rains of the past two weeks have washed away these fears, and while the FY27 crop is likely to be smaller than FY26, it is now unlikely to be a disaster,\" Ord Minnett says. \"This makes the 21% retracement in Graincorp's share price since May 14 seem a significant overreaction.\" Its price target stays at A$7.25/share. GrainCorp ended Friday at A$4.93. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7117":"农产品","GNC.AU":"GRAINCORP LTD-A","BK7505":"食品股","BK7028":"食品分销商"},"translate_title":"倾盆大雨过后，GrainCorp的股价跌幅看起来太大——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GNC.AU":0.9},"content_text":"2311 GMT - Ord Minnett elevates GrainCorp to buy, from accumulate, following heavy rain along Australia's east coast. Analyst John Lawlor says the rain underwrites a FY27 winter crop. He notes that in mid-May significant areas of northern New South Wales and Queensland didn't appear to have sufficient soil moisture profiles to plant. At the time, the weather forecast suggested a dry winter and the chance of El Nino. \"However, the relieving rains of the past two weeks have washed away these fears, and while the FY27 crop is likely to be smaller than FY26, it is now unlikely to be a disaster,\" Ord Minnett says. \"This makes the 21% retracement in Graincorp's share price since May 14 seem a significant overreaction.\" Its price target stays at A$7.25/share. GrainCorp ended Friday at A$4.93. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 31, 2026 19:11 ET (23:11 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}