** Shares of GrainCorp GNC.AX up 0.8% at A$7.84
** The grain handler posted 1H25 underlying NPAT A$69.1 million ($44.38 million) on Thursday, "modestly ahead" of Bell Potter's expectations of A$68.2 million
** Brokerage hikes NPAT estimate by 5% for fiscal 2025
** Bell Potter, however, trims NPAT estimate by 8% and 3% for fiscals 2026 and 2027, respectively, on higher Canadian losses
** Retains "hold" recommendation and target price of A$7.45
** UBS also hikes FY26 EPS estimate by 11%, notes GNC's resilience in a trade war backdrop
** We think the key factor that will determine the extent of earnings upside is the margin backdrop, which seems to remain impacted by elevated global grain supply - UBS
** Brokerage marginally hikes price target to A$8.6 from A$8.5, retains "buy" tag
** GrainCorp stock up 6.8% YTD, including current session's moves
($1 = 1.5571 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。