Nufarm's Trading Update Looks Encouraging -- Market Talk

Dow Jones
04/16

2349 GMT - Crop-chemicals supplier Nufarm's trading update was encouraging, says Jefferies. Nufarm signaled 1H Ebitda of A$236 million-A$244 million. Analyst Ramoun Lazar says that is in line with consensus forecasts of A$240 million. Also, Nufarm pointed to positive momentum into April with supply chains operating normally. Still, Jefferies sticks with a hold call on the stock when raising its price target by 3.1% to A$2.66/share. "While positive, leverage remains high for a business with volatile earnings, and we would like to see more evidence of stabilization in crop-protection markets given pressured farmer profitability," Jefferies says. "Nufarm is heading in the right direction, but shares are already priced for further improvement." Nufarm ended Wednesday at A$2.47. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

April 15, 2026 19:49 ET (23:49 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

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。

熱議股票

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