BUZZ-Australia's GrainCorp rises as brokerages upbeat on annual forecast

Reuters

May 16, 2025

BUZZ-Australia's GrainCorp rises as brokerages upbeat on annual forecast

** 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;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2535394183"},"companyName":"Tiger Brokers"},"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:\"2535394183\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2535394183?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-16 12:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2535394183","market":"us","top_or_hot":-1,"title":"BUZZ-Australia's GrainCorp rises as brokerages upbeat on annual forecast","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's GrainCorp rises as brokerages upbeat on annual forecast</title></head><body><p>** Shares of GrainCorp <span>GNC.AX</span> up 0.8% at A$7.84</p><p>** The grain handler <span>posted</span> 1H25 underlying NPAT A$69.1 million ($44.38 million) on Thursday, \"modestly ahead\" of Bell Potter's expectations of A$68.2 million</p><p>** Brokerage hikes NPAT estimate by 5% for fiscal 2025</p><p>** Bell Potter, however, trims NPAT estimate by 8% and 3% for fiscals 2026 and 2027, respectively, on higher Canadian losses</p><p>** Retains \"hold\" recommendation and target price of A$7.45</p><p>** UBS also hikes FY26 EPS estimate by 11%, notes GNC's resilience in a trade war backdrop</p><p>** 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</p><p>** Brokerage marginally hikes price target to A$8.6 from A$8.5, retains \"buy\" tag</p><p>** GrainCorp stock up 6.8% YTD, including current session's moves</p><p>($1 = 1.5571 Australian dollars)</p><p> (Reporting by Nikita Maria Jino in Bengaluru)</p><p> ((Nikita.Jino@thomsonreuters.com;))</p></body></html>","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>BUZZ-Australia's GrainCorp rises as brokerages upbeat on annual forecast</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\">\nBUZZ-Australia's GrainCorp rises as brokerages upbeat on annual forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-16 12:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's GrainCorp rises as brokerages upbeat on annual forecast</title></head><body><p>** Shares of GrainCorp <span>GNC.AX</span> up 0.8% at A$7.84</p><p>** The grain handler <span>posted</span> 1H25 underlying NPAT A$69.1 million ($44.38 million) on Thursday, \"modestly ahead\" of Bell Potter's expectations of A$68.2 million</p><p>** Brokerage hikes NPAT estimate by 5% for fiscal 2025</p><p>** Bell Potter, however, trims NPAT estimate by 8% and 3% for fiscals 2026 and 2027, respectively, on higher Canadian losses</p><p>** Retains \"hold\" recommendation and target price of A$7.45</p><p>** UBS also hikes FY26 EPS estimate by 11%, notes GNC's resilience in a trade war backdrop</p><p>** 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</p><p>** Brokerage marginally hikes price target to A$8.6 from A$8.5, retains \"buy\" tag</p><p>** GrainCorp stock up 6.8% YTD, including current session's moves</p><p>($1 = 1.5571 Australian dollars)</p><p> (Reporting by Nikita Maria Jino in Bengaluru)</p><p> ((Nikita.Jino@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7028","symbol_name":"食品分销商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250516:nL6N3RO07O:1","article_id":"2535394183","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535394183","pubTimestamp":1747370013,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Australia's GrainCorp rises as brokerages upbeat on annual forecast** Shares of GrainCorp GNC.AX up 0.8% at A$7.84** The grain handler posted 1H25 underlying NPAT A$69.1 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  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7028":"食品分销商","BK7505":"食品股","GNC.AU":"GRAINCORP LTD-A"},"translate_title":"BUZZ-澳大利亚GrainCorp股价上涨，券商对年度预测持乐观态度","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GNC.AU":0.9},"content_text":"BUZZ-Australia's GrainCorp rises as brokerages upbeat on annual forecast** 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;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}